Perspective
21 September 2016
Kexim credit 'unaffected' by shipping losses
Region:
Asia-Pacific
South Korea's ECA, Kexim, posted a net loss of $838.6 million for the first half of the year after bad debt provisions surged due to over exposure to struggling shipbuilders. However, one market source claims Kexim's losses are "not as bad as they seem".
