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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
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…)