President Myongho Rhee met with Antonius Herman Azwar, Director for Clearing and Guarantee at KPEI, and other KPEI staff members who visited BIFC as part of a Korea Securities Depository training programme.

The meetings took place over two days, on December 2 and 5, 2025. President Rhee introduced Busan as a financial hub and discussed potential areas of cooperation between Busan Finance Center and KPEI.

KPEI, also known as IDClear, is Indonesia’s clearing and guarantee institution responsible for securities clearing and settlement guarantee services, as well as collateral and guarantee fund management.

Date: Tuesday, December 2 and Friday, December 5, 2025
Event: Meeting with Director Antonius Herman Azwar of KPEI
Venue: D-Space, BIFC
Participant: President Myongho Rhee; Antonius Herman Azwar, Director for Clearing and Guarantee, KPEI; KPEI staff members
Main Topics: Introduction of Busan as a financial hub; potential cooperation between Busan Finance Center and KPEI