The most challenging moment in Korea was working on the planned acquisition of Korea First Bank in 2004.
We continue to monitor market developments to see if there are opportunities to fit in with our growth strategies. But we are focusing on organic growth plans for now.
It (becoming a financial center) could be a little faster.
The Korean financial industry is very dynamic and very competitive. The local banks have made significant progress in strengthening their balance sheets and are a lot stronger than when I arrived. There has also been a lot of consolidation in the industry with numerous M&As.
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