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CABEI to open office in Yeouido financial district Updated: 2021-06-21 08:58:44 KST

Seoul's main financial district of Yeouido will soon be home to an office of the Central American Bank for Economic Integration, known for short as CABEI.
As a regional institution that supports development in Central America, CABEI accepted South Korea as one of its two Asian members last year, after which Seoul proposed it set up a local office.
The city of Seoul says CABEI was mainly attracted by South Korea's talented workforce to whom it plans to offer jobs when the office opens later this year.
The finance ministry says it hopes the new office will help local companies make inroads in overseas markets and boost Yeouido's status as an Asian financial hub.
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