Nov 03, 2015 AM EST - Diana Tomale
Two state-owned banks in South Korea will transfer $12.5 billion in yearly lending and investment budget to start-ups and SMEs in the country rather than to large companies.
Oct 26, 2015 PM EDT - Diana Tomale
An official from Korea Development Bank reveals that they will sell KDB Daewoo Securities in package with KDB Asset Manangement. The state-run bank owns 43 percent and 100 percent of Daewoo and KDB Asset and Management respectively.
Oct 23, 2015 PM EDT - Diana Tomale
"Zombie companies" in South Korea continues to increase and exceeded 3,000 over the past five years, according to Bank of Korea.
May 08, 2023 AM EDT - Serena Martinez
