to trade on an Irrevocable Letter of Credit, under which we draw a draft at 60 days after Sight.
Our creditinformation can be obtained from The Korea Exchange Bank, Seoul.
If you need any other information, we will send more detailed materials immediately upon request.
We look forward to your early reply.
Yours very truly,
J.S.Yoon
representative director
credit card companies. First, Occupying number 1 in department of corporate credit card companies and then to jump to department of bank credit card. Our proposal is based on Hyundai card’s original management techniques.
2. Market Situation
1) Market Description
Credit card has function of Information collection, payment, proof of identity. In Korea, in 1969 the first credit card was
information on the CFS is deduced. As for the balance sheet, the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the c
credit card products and services is based on high-involved rational thinking. Therefore, consumers search and learn information on products when considering the purchase. Based on the view, traditional marketing strategy in the credit card industry focused to deliver specific information on products. To deliver complicated and difficult information, a relatively long-sentence is used as delivery
Savings bank suspension
: a suspension of banks which are below
standard of BIS capital adequacy ratio
A lot of savings banks
are suspended in 2011
Depositors
more than 50 million won and
subordinated bond-holders
lost their principal
Charter value
: the value of a bank being able to continue to
do business in the future.
Charter value would be lost in case of bankru