Lessons unlearnt: South Korea's banks are heading for trouble
Article Abstract:
The banking industry in South Korea faces a crisis that could affect the country's economy unnecessarily. The economy is still expanding but not at previous rates and the banks are overvalued. The government refuses to recognize the problem despite a growing corporate bankruptcy rate.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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Good money after bad: Japanese banks
Article Abstract:
Japan's banking industry hopes investors will purchase equity offerings in light of their reports that paint the industry in a good light. The reality is that the losses from bad loans are more than they let on, and the low interest rates presently offered will rise.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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