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The government and commercial banks are lashing each other over the issue of financial support for small- and medium-sized companies (SMEs). At a meeting at the Korea Federation of Banks bankers criticized the government for pressuring them to lend more...
#banks#smes
Foreign direct investment in Korea last year reached US$3.7 bn, which represented a 28 per cent increase compared to 2002,…
The Export-Import Bank of Korea (Ex-Im Bank) announced today that it has raised the ceiling on its relending facilities for…
#bank#banks#exporters
For the first time, the government and large corporations are organising a special fund to help small- and medium-sized businesses.…
#investment#management#small business
Despite the Bank of Korea's key interest rate cut early last month, fewer commercial loans were provided than were repaid…
#bad debts#bank#banks
A long-running protective system for small- and medium-sized enterprises (SMEs), which was due to end this year, will be extended…
According to the Korean bank, Woori Bank and US investment bank Merrill Lynch will jointly establish a private equity fund…
#bank#banks#management
A number of producers still predict the economic slowdown will continue with pessimism growing among small- and medium-sized enterprises (SMEs),…
#bank#economy#exporters
The business confidence of small companies is expected to continue to fall thoughout September, according to a report by the…
#exports#small business#small businesses
South Korea's financial regulator has warned that bad loans at local banks may rise again after a fall in the…
#bad debts#bank#First Bank
Financial Supervisory Commission chairman Yoon Jeung-hyun on Thursday called on domestic banks to take a more active role in leading…
#bank#cash-flow#exports
The Korean government is planning to end the blacklisting of credit delinquents by the end of the year, the Ministry…
#banks#economy#WHO
The Bank of Korea unexpectedly cut the key interest rate by a quarter of a percentage point. It is the…