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The state-run export credit insurance agency recently announced that it approved support for a loan worth (more…)
#export credit insurance#exporters#exports
Under the package, the state-run Korea Development Bank will increase the amount of funds that can be borrowed by innovative…
Korean companies rushed to buy insurance against foreign exchange risks last year to hedge against swings in the value of…
#insurance#risk#risks
According to a survey of 113 companies by the Korea Federation of Small and Medium Business (more…)
The Export-Import Bank of Korea will increase financial aid to the nation's exporters by (more…)
The number of insolvent companies decreased sharply this year on strengthened efforts to improve their financial structures (more…)
The Small and Medium Business Administration (SMBA) has revealed that it is to amend the current legislation that allows subsidiaries…
#smes
Introduction The future of international factoring in Korea is uncertain. The import factoring market is saturated and there are a…
#bank#exporters#exports
The number of commercial banks lending to small- and medium-sized enterprises (SME’s) have been decreasing lately, despite plans to the…
This Thursday, the Export-Import (EXIM) Bank of Korea sold 32 million of its shares, or 7.8 percent of the 10.2…
#bank#Exim Bank#investment
The Bank of Korea has raised Korea's guiding interest rate by a quarter of a percentage point... (more…)
#bank#banks#economic recovery
No South Korean commercial banks has met the regulation requiring them to allocate (more…)
Korea's regional banks are expanding loans to small- and medium-sized enterprises (SMEs), but Seoul-based major lenders are (more…)
#bank#insolvency#risk