Business & Finance
South Korea to replace 1 trillion won SME lending programme
SEOUL : South Korea 's central bank said on Monday it would replace a 1 trillion won ($889.80 million) lending programm
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The Bank of Korea will provide up to 1 trillion won to commercial banks from Apr. 2 on the basis of their track records in lending to small- and medium-sized enterprises (SMEs) without collateral, it said in a statement.