For technological innovation
By Park Jae-hyuk
Minister of Trade, Industry and Energy Sung Yun-mo, center, poses with Industrial Bank of Korea (IBK) CEO Yoon Jong-won, third from left, Shinhan Bank CEO Jin Ok-dong, third from right, and other participants at a signing ceremony at Glad Yeouido in Seoul, Wednesday. At the ceremony to raise a 500 billion won ($418 million) master-feeder fund for R&D by small- and medium-sized enterprises, IBK and Shinhan agreed to invest 180 billion won and 100 billion won, respectively. / Courtesy of Shinhan Bank