EDITION : English/Korean

Nav
Updated

Tag : Financial institutions

South Korean Finance Minister Choi Kyung Hwan (L) reportedly said offering financial aid to unprofitable overseas projects could lead to insolvency. (Photo by Handout / Getty Images)

Dec 08, 2015 PM EST - Diana Tomale

South Korea's Financial Institutions To Increase Scrutiny Before Providing Financial Aid To Local Companies With Large-Scale Overseas Projects

State-run banks in South Korea will examine the profitability of local companies that has large-scale overseas projects before offering them with financial aid.

Connect with us : facebook twitter google rss

Subscribe to our Newsletter

Don't Miss

Real Time Analytics