Seoul Guarantee Insurance
From Wikipedia, the free encyclopedia
Seoul Guarantee Insurance (SGI, 서울보증보험) is a financial services company incorporated in Korea. Headquartered in Seoul, South Korea, SGI is the largest provider of surety and credit insurance. It is fully owned by Korea Deposit Insurance Corporation, a government institution that insures the bank deposits.
[edit] History
The company was formed after the merger between Hankuk and Daehan Surety and Fidelty Companies during the economic crisis that hit Korea in 1998. A huge layout and restructuring followed.
It has S&P raings 'A-'/stable in 22.jan.2008.
Also Fitch ratings 'A'/stable in 28.jan.2008.
[edit] External links
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