KDB to operate central bank's loan to SMEs

SOUTH KOREA - The state-run Korea Development Bank (KDB) will soon be subject to the central bank's ceiling on loans to small-and medium-sized enterprises (SMBs).

The Bank of Korea (BOK) has the loan facility at an annual interest rate of three percent which has been provided to SMEs via commercial banks. Each bank has been subject to the ceiling ratio according to the amount of their current loans to the small firms.

The Ministry of Finance and Economy said Sunday that it will submit a bill to

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: