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Korea

S Korean smaller manufacturers eye better business in second...

Business confidence for small- and medium-sized enterprises (SMEs) in South Korea hit a three-year high for the coming quarter, a poll showed, pointing to growing expectations for an economic recovery. The business confidence index for the smaller manufacturing sector soared...

#bank#economic recovery#economy

Corporate failures lowest in 15 years

A total of 260 small- and medium-sized enterprises (SMEs) nationwide went bankrupt in February, the lowest level in 15 years,…

#bank#Bill#smes


Korea Development Bank to aid small firms

Korea Development Bank, the nation's largest state-owned lender to companies, said it will offer 5000bn won (US$5bn) in loans this…


EXIM lends US$18m to Swiss shipping firm

The Export-Import Bank of Korea said it has signed a contract with a Swiss shipping company to lend US$188 million…

#bank#exporters#exports


Banks bad loan ratio falls

Commercial banks have reduced bad loan ratios as they strengthened credit analyses and cut loans to borrowers with low credit…

#bank#banks#economy


Industrial Bank to increase lending to small firms

Industrial Bank of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients…

#bank#Boost#economy


‘Most S Korean export-oriented SMEs suffer from strong Won’...

The majority of South Korea's export-oriented small- and medium-sized enterprises (SMEs) are suffering from worsened profitability due to the Korean…


Banks remain reluctant to lend to SMEs – Bank...

South Korean banks remained reluctant to make loans to small- and medium-sized enterprises (SMEs) in February despite emerging signs of…


Posco to support small firms

Posco has decided to provide an array of support programs for small- and medium-sized enterprises (SMEs) this year to become…


S Korean government to invest US$998m to help venture...

The government plans to invest 1 trillion won (US$998m) into fund of funds (FoFs) that will provide money to venture…


Banks establish their credit bureau

The Korea Credit Bureau, an agency created by 11 Korean financial companies, was officially set up yesterday to help banks…


Banks struggling to shed bad SME loans

South Korea’s major commercial banks are suffering from overdue loans to households and small- and medium-sized enterprises (SMEs). Of banks,…

58% SMEs confess having financial dificulties

A recent study by the Korea Federation of Small and Medium Businesses showed that 58.3 per cent of 310 small-…

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