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[Apha Biz=(Chicago) Reporter Paul Lee] DGB Financial Group establishes its first overseas asset management company in Singapore.
According to the industry on the 28th, DGB Finance has established an asset management company corporation in Singapore and is currently seeking to obtain a fund management license from the Singapore Monetary Supervisory Service (MAS).
DGB Financial Group is former My Young-wook Choi to get approval by the end of this year and start operating It is known that it has recruited the head of Asset Management's Singapore subsidiary.
DGB Financial decided to establish a local management company in Singapore at the board meeting last year. It is interpreted as a paving stone to build an Indo-China financial belt by entering Singapore and to increase business in Southeast Asia. DGB Financial has branches in Shanghai, China and Ho Chi Minh, Vietnam, and also operates local subsidiaries in Cambodia, Myanmar and Laos.
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