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The state-owned Industrial Bank of Korea (IBK) said yesterday that it will continue to increase lending to small- and medium-sized enterprises (SMEs) in an effort to help them overcome the current economic slowdown. "A total of 19 trillion won (US$16.6bn)...
#bank#banks#economy
In a survey of 1,761 small- and medium-size enterprises (SMEs) nationwide by the Industrial Bank of Korea, 41.9 per cent…
#bank#cash-flow#financial services
Citibank Korea, formed through the US group's US$2.7bn takeover of Koram, is aiming to lift its share of South Korea's…
Korea's small- and medium-sized enterprises (SMEs) are a time bomb, which could shake the financial market due to surging overdue…
#bank#financial services#management
The Export-Import Bank of Korea (Ex-Im Bank) has unveiled plans to sell its 10.2 per cent stake in Industrial Bank…
#bank#Exim Bank
Long-term interest rates have dropped sharply to the point where they are below short-term interest rates, causing investors to snap…
#bank#bonds#interest
For its first loan to the Indian power sector, Korea's Export-Import Bank will provide US$354m to state-run National Thermal Power…
#bank#Exim Bank#i
South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump,…
South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…
#bad debts#bank#banks
Regulators have strengthened the crackdown on unfair trading and irregular accounting after Yoon Jeung-hyun took office as chairman of the…
Minister of Finance and Economy Lee Hun-jai has ordered senior ministry officials to step up efforts to keep liquidity problems…
#bank#liquidity#smes
The state-run Export-Import Bank of Korea will finance up to 70-90 per cent of accidental losses resulting from corporate investments…
The Export-Import Bank of Korea (Ex-Im Bank) announced Monday it has raised the ceiling on its relending facilities for two…
#bank#banks#exports