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Korea's corporate bankruptcies dropped in April from the previous month due to a slowdown in failures among manufacturers, builders and service businesses, the central bank said. (more…)
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Competition among Korean banks to win small-business customers may lead to rising loan defaults and threaten growth here, the nation…
Since 2006, the number of firms finishing the program has grown considerably. Nearly half of the troubled small- and mid-size…
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Local banks were the main supporters of small- and medium-sized businesses (SMEs) in Korea, as their lending to those firms…
South Korea's state export insurer announced it plans to provide won 88 tn (US$93.5 bn) of export insurance this year…
Korea Development Bank will continue to support small companies this year and will establish a private equity fund as part…
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The Export-Import Bank of Korea plans to increase its loans and debt payment guarantees for companies to a record (more…)
The government plans to aid 30,000 small- and medium-sized businesses (SMEs) by 2008, Prime Minister Han Myeong-sook announced at a…
Citibank Korea unveiled a new customised service package designed to provide comprehensive benefits for small businesses and professionals (more…)
Domestic lenders have shifted their focus to small- and medium-sized companies (SMEs) from households for their main source of income…
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SME finance is characterised by information asymmetries; a lack of credit information about SME borrowers and non-existence of SME-specific credit…
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A senior official at Korea Enterprise Data says the credit bureau industry is a key instrument in facilitating access to finance…
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To meet the capital needs of small firms, which often have short credit histories and insufficient financial data, banks need…