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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 evaluation tools (more…)
#bank#interest rates#management
A senior official at Korea Enterprise Data says the credit bureau industry is a key instrument in facilitating access to finance…
#international#management#risk management
To meet the capital needs of small firms, which often have short credit histories and insufficient financial data, banks need…
Data from Korea's financial regulator and the central bank show that small- and medium-sized companies continue to take out corporate…
Small business is big business for the Eximbank of Korea. As the official export credit agency, the Eximbank strives to…
#bank#exporters#guarantees
Korea needs to be open to change and exploring new territory to survive in the global marketplace, said the head…
#bank#exporters#management
Based on a study by the Commerce Ministry covering 1988 to 2005, for every 10 per cent the Korea won…
Korean banks boosted lending to small- and medium-sized enterprises (SMEs) during the second quarter of 2006 after the government tightened…
#bank#banks#Boost
Last month, the Finance Ministry announced the government would give loan guarantees of up to won 10bn (US$11m) per company…
The Korea Credit Guarantee Fund, a government-owned fund, will guarantee loans extended by banks and other financial institutions. The guarantees…
The Korea Development Institute presented a plan about opening Korea's guarantee insurance market, currently a monopoly of the state-run Seoul…
#guarantee#insurance
Korea's central bank raised the nation's benchmark interest rate, the first in four months (more…)
#bank#interest#interest rate
Asian firms think Korean small- and medium-sized companies (SMEs) are the third most competitive in Asia following those (more…)
#economy#smes