BOK REPORTS THE COUNTRY’S FINANCIAL MARKET TO BE STABLE

Highlights –

• BOK reports the country’s financial market to be stable.
• BOK published its biennial report on financial stability to the National Assembly.
• South Korean household’s outstanding debt reached 1,682.2 trillion wo...

SOUTH KOREAN FIRMS’ CREDIT LEVEL WEIGHS DOWN ECONOMY AMID COVID-19

Highlights –

• Companies earning low, facing credit crisis
• LG, E-MART credit fall, debt increases
• However, LG Hellovision paying off debt, synergy with LGUplus

COVID-19 outbreak is weighing down the South Korean econo...