Citibank Korea launches SME service

Citibank Korea unveiled a new customised service package designed to provide comprehensive benefits for small businesses and professionals

Loans to small firms hit record

Domestic lenders have shifted their focus to small- and medium-sized companies (SMEs) from households for their main source of income this year

Kookmin focuses on structured SME financing

To meet the capital needs of small firms, which often have short credit histories and insufficient financial data, banks need to adopt a more systemic approach throughout

SMEs demand for loans rises in Q3

Data from Korea's financial regulator and the central bank show that small- and medium-sized companies continue to take out corporate loans. The Financial Supervisory Service announced that

Strong won pulls exporters under

Based on a study by the Commerce Ministry covering 1988 to 2005, for every 10 per cent the Korea won strengthens, the number of Korean exporters falls by

Banks boost lending to SMEs

Korean banks boosted lending to small- and medium-sized enterprises (SMEs) during the second quarter of 2006 after the government tightened lending rules for