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Small- and medium-sized enterprises (SMEs) predicted poorer business conditions in August, according to a survey on the business outlook of 1,500 firms. The Small Business Health Index for August was 78.9, lower than the previous three months' figures, which had...
The long economic slowdown has increased sales of receivables insurance for small- and medium-sized businesses (SMEs). The Korea Credit Guarantee…
Despite resistance from small businesses, the government has decided to repeal a controversial protective measure for small- and medium-sized enterprises…
#management#small business#small businesses
The government plans to enhance credit risk monitoring of companies with outstanding loans of 5 billion won (US$4.27 million) or…
#credit risk#risk#smes
Small- and medium-sized enterprises (SMEs) have been found, on average, to owe debts to fewer than four financial institutions, the…
#bank#banks#financial institutions
The Financial Supervisory Commission (FSC) has this week pressed financial institutions not to aggressively retrieve loans extended to small- and…
#banks#cash-flow#economic recovery
The Korean government yesterday unveiled a set of measures aimed at bolstering the competitiveness of small- and midsize enterprises (SMEs)…
#economic recovery#guarantee#liquidity
Despite aggressive corporate restructuring efforts since the financial crisis, nearly three in 10 domestic firms were still unable to pay…
The number of cases of suspected money laundering reported by financial service companies increased sharply this year, the Korea Financial…
Korea's banks and other financial institutions, especially the country's three major loan guarantee agencies, are to participate in a debt…
Due to growing uncertainties over a recovery of the domestic economy, the loans extended to small- and medium-sized enterprises (SME)…
#banks#risk#risks
In an effort to rescue small- and medium-sized companies (SMEs) struggling with financial difficulties, banks are forming private equity funds…
#bank#management#risk
Domestic banks say they are individually evaluating the credit conditions of small- and medium-sized enterprises (SMEs) with outstanding loans from…
#bank#banks#credit risk