01698cas a2200241 a 4500 AALejournalIMF002738 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451875676 1018-5941 BD-DhAAL BD-DhAAL Kang, Chungwon. From the Front Lines At Seoul Bank : Restructuring and Reprivatization / Chungwon Kang. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (39 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Soon after Korea agreed to an IMF-supported program, Seoul Bank and Korea First Bank were nationalized through an injection of public funds by the government. The two banks were singled out early in the IMF-supported program to be sold to foreign investors. Korea First Bank was sold to foreign investors at the end of 1999. Seoul Bank, however, remained a government-owned bank, managed by a team of professionals recruited from outside of the traditional banking sector. This paper describes the restructuring of Seoul Bank by the new management team between June 2000 and October 2002, when the bank was sold to Hana Bank in a merger transaction. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/235 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/235/001.2003.issue-235-en.xml IMF e-Library