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State-run Export-Import Bank of Korea said Monday it will provide 500 billion won (US$488m) this year to local exporters by purchasing their receivables at a discount as part of the South Korean government's efforts to boost exports. The policy bank...
#bank#credit risk#exporters
Eight out of every 10 export-centered small- and medium-sized enterprises (SMEs) have suffered from the rapid appreciation of the Korean…
South Korea's trade-related policy bank announced it plans to increase trade financing to won 13.5 trillion (US$13 bn) in 2005…
The Export-Import Bank of Korea has announced that it plans to increase trade financing to 13.5 trillion won (US$13 bn)…
The government said yesterday it would limit its special loans for small- and medium-sized companies (SMEs) to high-technology firms beginning…
Loans to small- and medium-sized companies (SMEs) posted a record decline last month, as lenders were reluctant to extend loans…
#bank#SME loans#smes
Local financial services companies are set to establish a “joint debt collection firm” in the near future, in a bid…
#bank#debt collection#financial services
The South Korean government will increase direct loans to small- and medium-sized enterprises (SMEs) in 2005, as private lenders have…
#banks#economy#management
The Industrial Bank of Korea will lend 20 trillion won (US$19bn) to small- and medium-sized enterprises (SMEs) this year, up…
#bank#Boost#funding
The Export-Import Bank of Korea, a state-run trade bank, said it will increase its lending by 41% to 24 trillion…
The Financial Supervisory Service (FSS) said it will introduce the new Basel Accord, also known as Basel II, by 2007…
South Korean loans to small- and medium- sized enterprises (SMEs) are likely to have grown at a record low rate…
#bank#exports#smes
The Ministry of Commerce, Industry and Energy announced that it will expand foreign exchange risk insurance coverage for small- and…