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Many Korean companies are competitive. But they cannot survive without the proper finance (more…)
#bank#exporters#financial services
The weakening small- and medium-sized enterprise (SME) sector is the most pressing issue to be resolved to help the Korean…
Industrial Bank of Korea, the nation's biggest lender to small businesses, announced it has refinanced US$200 m in loans at…
#ABN AMRO#bank#interest rates
The Industrial Bank of Korea (IBK) is committed to financing small- and medium-sized enterprises (SMEs) in the belief (more…)
South Korea's small- and medium-sized businesses (SMEs) are pessimistic about their business outlook for August, due to continued (more…)
The Export-Import (Exim) Bank of Korea said it has filed a lawsuit against Citibank Korea, claiming damages totalling (more…)
#bank#Exim Bank#First Bank
Korean banks need to become more cautious in extending loans to small- and medium-sized enterprises (SMEs) as loans without proper…
#bank#exporters#exports
From next year, nonviable companies and businesses on long-term support programmes sponsored by state-run credit guarantee funds may not be…
#crisis#guarantee#guarantees
The Ministry of Commerce, Industry and Energy said it will raise the fund by issuing (more…)
The program is aimed at preventing SMEs from falling into insolvency by offering (more…)
The central government announced it will scale back its financial aid to small- and medium-sized companies (SMEs) here, signalling a…
#funding#guarantee#guarantees
South Korean banks agreed to participate in local electronic letter of credit services from July to help small- and mid-size…
#bank#international#International Trade
A new international agreement on banks' capital adequacy is unlikely to sharply cut their lending to smaller companies, South Korea's…
#bank#banks#international