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Woori Bank, South Korea's second-biggest lender, has completed issuing US$166m worth of debts backed by a pool of low-grade corporate bonds in Hong Kong. The proceeds will be used to help cash-strapped South Korean SMEs. Hannuri Investment & Securities and...
#ABN AMRO#bank#small business
South Korean bank lending to small-and medium-sized enterprises (SMEs) fell by the largest amount in over three years in November…
Citigroup Inc., the world's largest financial service company, said it has completed the acquisition of Lend Lease Korea Ltd., a…
#acquisition#bank#crisis
Around 3 million small-and medium-sized enterprises (SMEs) have been the backbone of the Korean economy. But many of them are…
#financial services#management#risk
In a meeting with Bank of Korea (BOK) presidents of commercial banks said there is a possibility of active capital…
Corporate loans extended by South Korean banks last month rose for the first time in three months, despite sluggish lending…
#bank#banks
Korean exporters, especially small-and medium-sized companies (SMEs), are deeply concerned about their competitiveness on the global market as the US…
South Korean banks may cut back in lending to small businesses as they attempt to meet a new international rule…
The Industrial Bank of Korea (IBK) on Monday announced it would extend the maturity of loans for small-and medium-sized enterprises…
#bank#smes#Two
Overseas direct investment by South Korean individuals surpassed the US$300m mark for the first nine months of the year, hitting…
The state-run Small Business Corp. will establish a 20 billion won (US$17.9m) fund to help create jobs for small- and…
#Jobs#small business#smes
State-run Korea Development Bank (KDB) on Wednesday announced plans to provide 3 trillion won to small-and medium-sized enterprises (SMEs). In…
#bank#banks#smes
Standard & Poor’s (S&P) on Wednesday assigned an ``A-‘’ senior unsecured foreign currency debt rating to the Export-Import Bank of…
#bank#bonds#Exim Bank