Korea

Last month, the Finance Ministry announced the government would give loan guarantees of up to won 10bn (US$11m) per company to help South Korean companies who have set up plants

The Korea Credit Guarantee Fund, a government-owned fund, will guarantee loans extended by banks and other financial institutions. The guarantees will be limited to

The Korea Development Institute presented a plan about opening Korea's guarantee insurance market, currently a monopoly of the state-run Seoul Guarantee Insurance Corp

Korea's central bank raised the nation's benchmark interest rate, the first in four months

Asian firms think Korean small- and medium-sized companies (SMEs) are the third most competitive in Asia following those

South Korean banks are still reluctant to extend loans to companies on the basis of their credit analysis of borrowers

Korean banks' lending to small- and medium-sized companies (SMEs) reached an all-time high last month, the country's financial watchdog announced

The state-run export credit insurance agency recently announced that it approved support for a loan worth

Under the package, the state-run Korea Development Bank will increase the amount of funds that can be borrowed by innovative SMEs by