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Industrial Bank of Korea said third-quarter profit dropped by 19% on higher provisions against bad loans and one-time payments to retirees. (more…)
#bank#economy#management
30% of Korea's SMEs now plan to add to their existing business or convert to a new enterprise altogether, says survey…
Local and foreign commercial financial institutions loaning funds to foreign operators of overseas projects, will be able to receive loan…
The Financial Supervisory Service (FSS) have announced that Korean Banks have experienced the lowest ever ratio of bad performing loans. They…
#banks#management#Paid
Bank-initiated debt workout programs have helped more Korean SMEs clean up their balance sheets in the second quarter. (more…)
Korean bank lending rates for SMEs reached the highest level in over five years in June. (more…)
#bank#banks#bonds
The governor of the Bank of Korea is concerned that the increased lending to SMEs is helping fuel the bubble in stock and…
#bank#bonds#liquidity
SME's in South Korea are likely to be hit with higher financing charges after the central bank raised interest rates to a…
Hana Bank Korea is expected to begin a micro credit service that will offer small loans to startup entrepreneurs. (more…)
#bank#Hana Financial#microfinance
The local financial authority will strengthen monitoring for loans to SMEs. (more…)
#bank#banks#risk
BOK top policymakers decided to cut lending to local SMEs by won1.5 tn (US$1.6bn) from the third quarter 2007. (more…)
Korea will form a won 1tn (US$1.1bn) fund to assist the country s small- and medium-sized businesses. (more…)
Asian firms think Korean small- and medium-sized companies (SMEs) are the third most competitive in Asia following those in China…