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Korea

KEIC first to provide financing for short-term export transactions

The state-run export credit insurance agency recently announced that it approved support for a loan worth (more…)

#export credit insurance#exporters#exports

New financial support approved for innovative SMEs

Under the package, the state-run Korea Development Bank will increase the amount of funds that can be borrowed by innovative…


Export insurance jumps as firms hedge on won

Korean companies rushed to buy insurance against foreign exchange risks last year to hedge against swings in the value of…

#insurance#risk#risks


Strong won hurts small exporters

According to a survey of 113 companies by the Korea Federation of Small and Medium Business  (more…)


Exim Bank to provide support for SMEs of 4,5tn...

The Export-Import Bank of Korea will increase financial aid to the nation's exporters by (more…)


SME bankruptcy figures tumble in 2005

The number of insolvent companies decreased sharply this year on strengthened efforts to improve their financial structures (more…)


Law change governing SME classification will benefit sector

The Small and Medium Business Administration (SMBA) has revealed that it is to amend the current legislation that allows subsidiaries…

#smes


Jong-Sam Kim of the Industrial Bank of Korea presents...

Introduction  The future of international factoring in Korea is uncertain. The import factoring market is saturated and there are a…

#bank#exporters#exports


Overdue payments by SME’s, lowers bank lending to small...

The number of commercial banks lending to small- and medium-sized enterprises (SME’s) have been decreasing lately, despite plans to the…


Eximbank sells its stake in Industrial Bank to finance...

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


Bank of Korea raises interest rate by 0,25 per...

The Bank of Korea has raised Korea's guiding interest rate by a quarter of a percentage point... (more…)

#bank#banks#economic recovery


Banks fail to meet SME lending obligations – FSS

No South Korean commercial banks has met the regulation requiring them to allocate (more…)

Local banks boost loans to small businesses while big...

Korea's regional banks are expanding loans to small- and medium-sized enterprises (SMEs), but Seoul-based major lenders are (more…)

#bank#insolvency#risk

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