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Donnerstag, 18. Dezember 2008

S Korea to launch $15bn fund

S Korea to launch $15bn fund for banks
South Korea will launch a 20,000bn Won ($15bn) fund next month to boost the capital ratios of the country’s stalled banks and coax them into lending to businesses thirsting for cash.
Many companies in Asia’s fourth-biggest economy, suffering from a global downturn..... more details in FT here....

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