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The Export-Import Bank of Korea said yesterday it has signed an agreement to provide US$500m for a petrochemical project in Saudi Arabia. (more…)
#bank
Top lender Kookmin Bank decided to suspend loans to SMEs. (more…)
Korea's household debt grew at the fastest pace in ten months in October, suggesting higher interest rates have failed to…
Industrial Bank of Korea said third-quarter profit dropped by 19% on higher provisions against bad loans and one-time payments to…
#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