Showing posts with label South Korean banks. Show all posts
Showing posts with label South Korean banks. Show all posts

Friday, February 10, 2012

New sanctions on Iran constrict trade flows to Asia

BEIJING (Reuters) - Trade between Asia and Iran is likely to slow as new U.S. sanctions make payments more difficult, traders said Tuesday, although the more determined can still find a route through Middle Eastern intermediaries.

Wednesday, October 12, 2011

S Korean banks' household lending growth slows in September

SEOUL, Oct. 12 (Xinhua) -- South Korean banks' lending to households grew at a slower pace in September than a month before due to a reduction in credit loans, the central bank said Wednesday.

Household loans extended by local banks reached 448.7 trillion won (382.65 billion U.S. dollars) as of the end of September, up 0.6 trillion won from a month earlier, the Bank of Korea (BOK) said in a statement.