Cooperation with Foreign Financial Cities
MOUs
Click on the location mark on the map to see the status of MOUs in the relevant country.
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Representative
Busan Metropolitan City Busan Metropolitan City Deputy Mayor For administrative Affairs Young Kil BAE
Calyon Senior Regional Officer Patrice Couveqnes
Subject
- Provide marine finance kno-how of Calyon and relevant information to Busan Metropolitan City
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Representative
Busan Metropolitan City Direct General Economy and industry office Hyung-yang Kim
ORBEO President Philippe Rosier
Subject
- Provide carbon financial training know-how of ORBEO and relevant information to Busan Metropolitan City
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Representative
Busan Metropolitan City Financial Planning Director Beom-chul Lee
Fukuoka Small and Medium Enterprise Business Association Chairman Kobiyakawa Yakinori
Subject
- A Memorandum of Understanding of economic exchange and cooperartion
- Support business investment and economic exchanges
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2011.11.03
Busan
Metropolitan City
Representative
Busan Metropolitan City Vice Mayor for Political Affairs Busan Metropolitan City Beom-chul Lee
Marine Money International Media Chairman James Lawrence
Subject
- Overseas Promotion of Busan International Finance Center for Busan Intermediation between potential investors into Busan Co-hosting of Ship Finance-related events as “Korea ship finance forum” and “Junior Ship Finance Forum” Other activities to bet
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2015.06.12
Busan
Metropolitan City
Representative
Busan Metropolitan City Mayor Suh Byung-soo
China Universal Asset management CEO Li Wen
Subject
- Busan Metropolitan City and China Universal Asset management firms signed a Memorandum of Understanding for the development of the Northeast Asian financial hub of Busan
Expansion efforts in Busan at China Universal Asset Management
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Representative
Busan Metropolitan City Investment planning director Donyoung Cho
New York society of Korean Businessmen. hc. Chairman Byung-Mok Kang
Subject
- A Memorandum of Understanding of economic exchange and cooperartion
- Newyork area financial companies to attract of Busan international financial center public relations
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Representative
Busan Metropolitan City Financial Industry Director Kwang-hae Song
Guotai Junan Securities CEO Mr.Yao Wei
Subject
- Expansion efforts in Busan at Guotai Junan Securities
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Representative
Busan Metropolitan City Director General for Economy and Industry office 정현민
Fullgoal fund management Deputy General Manager Ms.Meng Zhaoxia
Subject
- Expansion efforts in Busan at Fullgoal Asset Managemet
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Representative
Busan Metropolitan City Vice Mayor for Investment Policy Donyoung Cho
Frankfurt Main Finance e.V. Mayor of Eschborn Wihelm Speckhardt
Subject
- Exchange information about the financial markets, Provide to become a Busan Financial Hub,Increase mutual human exchanges
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Representative
Busan Finance Center(BFC) President Jong Hwa Kim
Frankfurt Main Finance(FMF) President Gerhard Wiesheu / Member of the Executive Board Adnan Shaikh
Subject
- Agreement on Comprehensive Partnership and Cooperation in the area of ESG, Fintech and overall Future Finance
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Representative
Busan Metropolitan City Mayor Suh Byung-soo
HSH Nordbank AG, The Export-Import Bank of Korea CEO, Executive Director of Maritime Finance Group Constantin von Oesterreich Sung-young Choi
Subject
- Ships, port facilities, port and logistics, maritime equipment and materials, etc. Syndicated loan in the marine industry and relevant information
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Representative
Busan Metropolitan City Vice Mayor Kyu-ok Kim
Qingdao City / KSD Vice Mayor / CEO Riumingjwin / Yoo Jae-Hoon
Subject
- Busan, Qingdao trade and economic cooperation agreement MOU
- Efforts to capital market China and Promoting active investment funds, assets and asset management business
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Representative
Busan Metropolitan City Vice Mayor Kyu-ok Kim
DNB BANK ASA Executive Vice President Kristin Holth
Subject
- Provide marine finance kno-how of DNB BANK ASA and relevant information to Busan Metropolitan City
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Representative
Casablanca Busan Economic Promotion Agency’s Busan International Financial City Promotion Center Director Park Yeong-ho
Casablanca Finance City Authority (CFCA) CEO Mr. Said Ibrahimi
Subject
- An MOU for cooperation on promotion and joint entry into a financial hub in Casablanca Finance City Authority (CFCA)
- Sharing of professional knowledge on the promotion of a financial hub specializing in the maritime finance, derivatives and back office-backup center
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Representative
Busan Economic Promotion Agency’s Busan International Financial City Promotion Center Director Park Yeong-ho
Dalian Jin Pu District Administration Committee Vice Chairman 이항국
Subject
- An MOU for joint research on ROK-China crowdfunding signed
- An agreement for joint research among business entities signed to build a capital market platform for small and mid-sized innovative businesses as a part of the ROK-China financial cooperation program between regional cities
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Representative
Busan Economic Promotion Agency’s Busan International Financial City Promotion Center Director Park Yeong-ho
AIFC(Astana International Finance Center) CEO Nurlan Kussainov
Subject
- An MOU signed between Busan International Financial City Promotion Center and AIFC
- Cooperation for global marketing and data services
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Representative
Busan Finance Center(BFC) President Jong Hwa Kim
Dubai International Finance Centre Authority(DIFCA) Chief Executive Officer Arif Amiri
Subject
- Partnership Agreement on Enhancing Collaboration to Further Develop the Future of Finance across Middle East and Asia, and Developing Joint Efforts related to ESG, Trade Finance, Fintech and Insurance
WAIFC Cooperation Program
The World Alliance of International Financial Centers (WAIFC) was established in 2018 by six founding cities, including Busan, to enhance global collaboration among leading financial centers. Currently comprising 20 member cities, WAIFC engages in joint research, shares best practices, and promotes dialogue with the public on key financial issues. As a founding member, the Busan Finance Center has played an active role in WAIFC initiatives. In recognition of its growing significance, Busan has been selected to host the WAIFC Annual General Meeting in 2026, further solidifying its position within the global financial community.
WAIFC Link
FC4S Cooperation Program
On May 14, 2021, the Busan Finance Center formally joined the UNDP-convened Financial Centres for Sustainability (FC4S) network as its 34th member. FC4S is a global coalition of 44 leading financial centres dedicated to realigning financial flows in support of the United Nations 2030 Agenda for Sustainable Development and the objectives of the Paris Agreement. Busan’s affiliation with FC4S underscores its growing leadership in sustainable finance in the Asia-Pacific region and affirms its strategic commitment to international collaboration and climate-aligned financial practices.
FC4S Link
