Indicator of small-business financial health worsens in Q1
The ratio of overdue bank loans owed by South Korea's small- and medium-sized businesses (SMEs) rose 0.7 percentage point to 2.8 per cent during the first quarter, illustrating the deteriorating finances of the local business community amid a protracted slump in consumption, a report by the Financial Supervisory Service (FSS) on the nation’s 19 main lenders said yesterday.
Source: Yonhapnews
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