News
23 February 2024

Kexim capital limit raised to push through defence deals

In:
Other
Region:
Asia-Pacific

South Korea has passed a bill to increase Kexim's statutory capital limit to KRW25 trillion ($18.75 billion) from the current KRW15 trillion.Korean defense companies recently secured a KRW30 trillion export contract in Poland, but the bank’s policy financing limit to support the orders was...

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