default_top_notch
default_news_top
default_news_ad1
default_nd_ad1

Loan guarantees among conglomerate affiliates down 9.1 pct in 2018

기사승인 2018.12.26  09:37:16

공유
default_news_ad2

Loan guarantees among affiliates of South Korea's large business groups fell 9.1 percent in 2018 from a year earlier, the country's corporate watchdog said Wednesday.

The combined corporate debt payment guarantees made among units of eight conglomerates reached 267.8 billion won (US$238 million) as of May 1, compared with 294.5 billion won among seven conglomerates during the same period of last year, according to the Fair Trade Commission (FTC).

Logos of major South Korean conglomerates

The eight conglomerates include retail giant Lotte, Nonghyup, Doosan and GS.

In September 2016, a new antitrust law put companies with assets of 10 trillion won or more on the FTC watch list. Those under FTC surveillance are restricted from making equity investments or offering loan guarantees to one another.

The value of loan guarantees among affiliates of large businesses has been on the decline since 1998 when South Korea banned the practice after being hit hard by the 1997 Asian financial crisis. (yonhap)

Park Ye-seon edt@koreapost.com

<저작권자 © 코리아포스트 무단전재 및 재배포금지>
default_news_ad5
default_side_ad1
default_nd_ad2

인기기사

default_side_ad2

포토

1 2 3
set_P1
default_side_ad3

섹션별 인기기사 및 최근기사

default_side_ad4
default_nd_ad6
default_news_bottom
default_nd_ad4
default_bottom
#top
default_bottom_notch