San-eun and Gi-eun Also Suspend Sales of Ostem Implant Inclusion Funds

[Image source=Yonhap News]

[Asia Economy Reporter Kim Jin-ho] Following commercial banks, the policy banks Korea Development Bank and IBK Industrial Bank of Korea have also stopped selling funds that include Ostem Implant. This is the aftermath of an embezzlement case amounting to 188 billion KRW.

According to the financial sector on the 10th, Korea Development Bank will halt new subscriptions to 15 types of funds that include Ostem Implant starting today. The affected funds include ▲KB Small and Mid-Cap Focus ▲Shinhan Smart KRX Index ▲Woori Retirement Pension Korea 40 ▲Samsung Retirement Pension Active, among others.

Due to the trading suspension of Ostem Implant on the KOSDAQ market, new subscriptions to funds containing the stock have been stopped.

Earlier, IBK Industrial Bank of Korea also stopped new subscriptions to 29 types of funds including Ostem Implant starting from the 6th.

Meanwhile, in the banking sector, Hana Bank was the first in the financial industry to suspend sales of 77 funds containing Ostem Implant on the 5th. NH Nonghyup Bank stopped accepting new subscriptions to 29 related funds from the 6th. Subsequently, KB Kookmin Bank (43 types), Shinhan Bank (18 types), Woori Bank (5 types), and SC First Bank (2 types) also joined in.

This content was produced with the assistance of AI translation services.