Korean banks reduce lending to small firms since 2008
Seoul - Yonhap
The weight of local banks' lending to smaller firms has been falling since the 2008 global financial crisis as higher credit risks make them hesitant to extend lending, data showed Monday. Local banks' lending to small companies accounted for 75.2 percent of the total corporate loans of 646.4 trillion won (US$599.5 billion) as of end-December, according to the data by the central bank.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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