Lenders throw W6tr lifeline to KFCC to ease liquidity concer

Lenders throw W6tr lifeline to KFCC to ease liquidity concerns

Seven Korean lenders have decided to provide over 6 trillion won ($4.64 billion) in financial assistance to the country's primary mutual financial institution that has been hit by liquidity shortage concerns, according to industry sources on Tuesday. Five major Korean commercial banks -- KB Kookmin, Shinhan, Hana, Woori and NongHyup -- as well as the Industrial Bank of Korea and the Korea Development Bank, have ...

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South Korea , Korea , , Financial Supervisory Service , Korea Development Bank , Korean Federation Of Community Credit Cooperatives , Ministry Of Public Administration , Industrial Bank , Seven Korean , Korean Federation , Community Credit Cooperatives , Public Administration , Song Seung Hyun ,

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