dozens of smaller firms to face risks of debt workout
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Dozens of smaller firms to face risks of debt workout

Egypt Today, egypt today

Egypt Today, egypt today Dozens of smaller firms to face risks of debt workout

Seoul - Yonhap
A total of 55 small and mid-size companies in South Korea, mostly manufacturers and property developers, were found to have bad financial health that may put them under a debt workout program or a court receivership, industry data showed Wednesday. Local banks completed an assessment of 899 companies with loans of below 50 billion won (US$41.9 million) last month and classified them in four categories of A, B, C, D based on their financial soundness.
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dozens of smaller firms to face risks of debt workout dozens of smaller firms to face risks of debt workout



 
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