Perspective
13 June 2013
Kexim pledges more funds for shipbuilding loans
Region:
Asia-Pacific
The Export-Import Bank of Korea (Kexim) has declared it will increase the amount of ship construction loans to be extended to domestic shipyards this year by KRW500 billion ($449 million) to KRW4 trillion ($1.8 billion) in order to bring relief to South Korea’s troubled shipbuilding industry.
