Samsung Securities’ plan to enter the short-term funding business through issuer commercial paper was thrown into uncertainty again after the proposal was not placed on the Financial Services Commission’s regular meeting agenda on April 15. Market expectations had been that the firm could become the country’s eighth licensed issuer once it cleared the meeting. The omission was seen as unusual given past licensing timelines and has revived debate over fairness and the review process.

Woori Bank said on Wednesday it signed an agreement with LIG Defense & Aerospace to support productive finance aimed at fostering South Korea\'s defence industry. Under the deal, Woori Bank plans to supply 3 trillion won in financing over the next five years and expand support to advanced strategic industries. Funding will cover facility investment, export finance, overseas project-linked finance and cooperation finance.