Kookmin Bank tests loan market

Article Abstract:

South Korea's Kookmin Bank is one of five Korean banks to raise one-year, term loans recently. A $100 million loan was arranged for the bank by Standard Chartered which was then increased to $120 million because of the support of enthusiastic syndicates. Syndicates were drawn to the bank's good reputation, their high first half figures, and the Korean and Singapore governments' stakes in the bank.

United Kingdom, Management, Standard Chartered PLC, Kookmin Bank

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KEB, Hyundai Motors bear brunt of Korean backlash

Article Abstract:

The Korea Exchange Bank and Hyundai Motor Company Ltd. both saw their global depositary receipt (GDR) issues come to market at large discounts. These discounts were caused by ongoing financial crises in Korea that have greatly affected the country's business and industry.

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Motor Vehicles and Equipment, Economic aspects, Transportation equipment industry, Hyundai Motor Company Ltd., Korea, Korea Exchange Bank

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Thai banks race against time

Article Abstract:

Thailand's banking system may need as much as $27 billion in recapitalization by next year's end. Longer-term solutions will necessarily be austere and the face of the industry is likely to change.

Forecasts, trends, outlooks, Thailand

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