Banks forecast high corporate credit risks in South Korea
South Korean banks
Seoul - Yonhap
South Korean banks projected the credit risks of South Korean companies to remain high in the fourth quarter of this year amid economic uncertainties, central bank data showed Thursday.
An index measuring small and medium companies' credit risks came in at 28 for the October-December period, remaining unchanged from the previous quarter, according to the survey of 16 local banks conducted by the Bank of Korea.
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