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Lending crackdown boosts Korean ABS
August 02, 2012
Intensified scrutiny on Korean bank lending is prompting companies to tap the country’s nascent ABS market, but analysts voice concern that risks may be transferred into a still developing sector.
South Korea’s asset-backed securities (ABS) market has not been a major source of funding for companies. But that is about to change as more corporations see it as an alternative source to bank loans, as the government pushes lenders to...
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