Yonhap Infomax NewsSaemaul Geumgo Federation will launch an asset management subsidiary in July to accelerate the disposal of over KRW 3 trillion in bad loans, aiming to strengthen financial soundness after last year’s record losses.
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#YonhapInfomax #SaemaulGeumgo #AssetManagementCompany #NonPerformingLoans #FinancialSoundness #KRW3TrillionDisposal #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67346
Saemaul Geumgo to Launch Asset Management Company Next Month—Aims to Offload KRW 3 Trillion in Bad Loans in H2
Saemaul Geumgo Federation will launch an asset management subsidiary in July to accelerate the disposal of over KRW 3 trillion in bad loans, aiming to strengthen financial soundness after last year’s record losses.