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Korea

The Korean Factoring Industry

Sang-sul Ahn, Director General of the Structured Trade Finance Department at The Export-Import Bank of Korea , provides an overview of the factoring market in South Korea, covering industry environment, market performance, supply and future trends, for the World Factoring...

The Industrial Bank of Korea facilitates SMEs export to...

The Industrial Bank of Korea (IBK) announced Monday it has joined the Inter-American Development Bank's (IDB) Trade Finance Facilitation Program…

#bank#exporters#guarantees


Government agrees to ease microcredit conditions

The government yesterday agreed to ease credit conditions for loans being offered by the nation s microcredit operations led by  SEND…


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…

#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

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