News
01 July 2016

$8.6bn fund is agreed for exposed Kexim and KDB

Region:
Asia-Pacific

The Bank of Korea has agreed to an $8.7 billion loan to a government-initiated fund to recapitalise the Export-Import Bank of Korea (Kexim) and Korea Development Bank (KDB) - which are exposed to the country's struggling shipping and shipbuilding firms.

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