Korea Bad Bank Pays More for Loans, Plans Rescue Fund - Bloomberg

By admin | February 27, 2009

Korea Bad Bank Pays More for Loans, Plans Rescue Fund
Bloomberg
Kamco bought 1.5 trillion won of soured loans in December, when banks were in a “panic” about the deepening global recession, Lee said. Banks remain reluctant to sell bad loans because they’d have to realize losses immediately and often disagree on

Topics: Loan For People With Bad Credit

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