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The central government announced it will scale back its financial aid to small- and medium-sized companies (SMEs) here, signalling a change in its largely supportive policies for local entrepreneurs since the Asian financial crisis. The Ministry of Planning and Budget said...
#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
Business confidence for small- and medium-sized enterprises (SMEs) in South Korea hit a three-year high for the coming quarter, a…
#bank#economic recovery#economy
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, the nation's largest state-owned lender to companies, said it will offer 5000bn won (US$5bn) in loans this…
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
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 of Korea, the nation's biggest lender to small companies, announced its plans to increase lending to these clients…
#bank#Boost#economy
The majority of South Korea's export-oriented small- and medium-sized enterprises (SMEs) are suffering from worsened profitability due to the Korean…
South Korean banks remained reluctant to make loans to small- and medium-sized enterprises (SMEs) in February despite emerging signs of…
Posco has decided to provide an array of support programs for small- and medium-sized enterprises (SMEs) this year to become…
The government plans to invest 1 trillion won (US$998m) into fund of funds (FoFs) that will provide money to venture…