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Has anybody heard of a korean bank called mbei ?


My loan officer says that's the bank he is working with but I have never heard of it...

MBEI is NOT a name of a bank in Korea. It appears that it is a type of banking.

'MBEI' related to banking is described as 'Mitigation Bank Enabling Instrument'.

" .... A conservation or mitigation bank is land managed for its natural resource values. Habitat credits are sold to entities that need to remedy environmental impacts. In wetland mitigation banking, the goal is to restore, create, and enhance wetlands to compensate for unavoidable wetland losses. Whenever possible the mitigation should replace the exact function and values of the specific wetland habitats adversely affected by a proposed project.

In conservation banking, the goal is to offset adverse impacts to a species. These different goals account for differences in the policies guiding operations of the two banks. In contrast to mitigation banks, an appropriate function of conservation banks is the preservation of existing habitat with long-term conservation value to mitigate loss of other isolated and fragmented habitat that has no long-term value to the species...."

I am not sure if this is what you are looking for. You might want to google it yourself.

me neither..

I have never heard of or seen a mbei bank in Korea.

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