One of South Korea's largest banks has been left more than US$40 million out of pocket after financing a massive supertanker that only fetched a fraction of the purchase price when it was...
- Thu
- May 23, 2013
- Updated: 8:27am
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The Hanbo Steel scandal is forcing South Korean banks to delay international debt issues, Hong Kong bankers say.
THREE South Korean banks have been put on 'outlook negative' by Standard & Poor's (S&P), blaming higher industry risks associated with the country's financial deregulation.
THE fall-out from the Daiwa Bank debacle and a resultant pall over Japanese bank funding have forced Korea Exchange Bank (KEB) to abandon a planned US$150 million three-year fund-raising in favour...
SOUTH Korea's Shinhan Bank has been selected as last year's best managed bank by the nation's banking regulatory body.
Shinhan also topped the annual review two years ago.
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