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The Korea Credit Bureau, an agency created by 11 Korean financial companies, was officially set up yesterday to help banks judge which customers could be provided loans. The credit bureau, which was created to replace the blacklist system for delinquent...
South Korea’s major commercial banks are suffering from overdue loans to households and small- and medium-sized enterprises (SMEs). Of banks,…
A recent study by the Korea Federation of Small and Medium Businesses showed that 58.3 per cent of 310 small-…
State-run Export-Import Bank of Korea said Monday it will provide 500 billion won (US$488m) this year to local exporters by…
#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…