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Korea

KCCI calls for extension of government SME finance program

The Korea Chamber of Commerce has called for the government to extend its financial program for small and medium-sized businesses (SMEs) past (more…)

#bankruptcy#economic recovery#funding

Report forecasts increased demand for export finance in second...

Korea Eximbank have announced they expect to experience increased demand in export finance in the coming months as (more…)


Difficult times ahead for SMEs

SMEs have been surviving the global financial crisis upon government support, but there could be difficult times ahead according to…


Fines may go to supporting SMEs

Fair Trade Commission chairman Baek Yong-ho said yesterday he will consider using fines imposed on corporations for violations of fair…


Financial squeeze easing for Korean SMEs

Loan guarantees provided by credit guarantee institutions and the extension of payment deadlines extended by banks, have helped to ease the…

#banks#guarantee#guarantees


IBK extending reduced rates to SMEs

Korea's state-run Industrial Bank of Korea (IBK) plans to lower its lending rate for smaller companies in an effort to…

#bank#banks#conference


KEXIM to double SME support

KEXIM increases to $8.44 billion its offering to Korean SMEs. (more…)


State-run KLC to extend loans to troubled SMEs

The Korea Land Corp (KLC) has increased its offering to Korean SMEs to help them overcome shortages in funding. (more…)

#economy#funding#interest rates


Government extends 100% export loan guarantees to SMEs

The government has pushed up loan guarantee levels for cash-squeezed exporters and SMEs. (more…)


Banks to provide KRW700bn to SMEs

The country's major banks have reached an agreement to provide up to 700 billion Korean Won in fresh loans to cash-strapped SMEs…

#bank#banks#liquidity


South Korea unveils further support for SMEs

The South Korean government has unveiled additional measures to support cash-strapped SMEs (more…)


South Korea‘s industrial bank to extend more loans to...

South Korea's Industrial Bank of Korea (IBK) intends to increase its loans to SMEs.   (more…)

South Korea Financial Authority to inject $10bn to support...

The South Korean government and the Bank of Korea will inject a combined $16bn in foreign currency to exporters experiencing…

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