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CHUNG MONG-KU SHAKES HAND WITH SE PYO-HONG IN SEOUL, 1998-12-17 (photo)

IMAGE number
REU8070308
Image title
CHUNG MONG-KU SHAKES HAND WITH SE PYO-HONG IN SEOUL, 1998-12-17 (photo)
Auto-translated text View Original Source
Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-12-17
Image description

Chung Mong-koo (L), chairman of South Korea's huge Hyundai Group, shakes hands with Korea Exchange Bank (KEB) Chairman Hong Se-pyo after announcing the finalisation of Hyundai's restructuring programme in Seoul December 17. Hyundai had to receive consent from the KEB, which is it's main creditor bank, before going forward with its plans to streamline its affiliates and cut their debt-to-equity ratios. PB/JO/

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REUTERS / Bridgeman Images
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