South Korea's internet-only banks report more than 50% rise in small-business lending in the first half of the year
According to Yonhap News, three South Korean internet-only banks reported that lending to small businesses rose more than 50% in the first half of the year. The report is dated Sept. 20 and comes from Seoul.
Key facts
- 01Three South Korean internet-only banks are the sources of the report.
- 02The rise concerns lending to small businesses.
- 03The period covered is the first half of the year.
- 04The increase is reported as more than 50%.
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