Search results for SME
Finance
Korean banks\' loan delinquency rate rises for second straight month; SME corporate at 1.10 percent
Korean banks’ delinquency rate on won-denominated loans rose to 0.69 percent at end-August, extending gains for a second month, data from the Financial Supervisory Service showed. Delinquencies on loans to small and medium enterprises reached 1.00 percent, with SME corporates at 1.10 percent. The watchdog said overall delinquency remains below the long-term average, but warned vulnerable areas such as SMEs and individual business owners could see further increases.
Finance
IBK Industrial Bank of Korea sets up Vietnam unit for first time in 9 years, targets local SMEs
IBK Industrial Bank of Korea has completed the establishment of its local subsidiary in Vietnam and is moving to expand into the small and medium-sized enterprise finance market. The bank said it held a launch ceremony for IBK Vietnam Bank in Hanoi on Oct. 13. The unit received final approval from the State Bank of Vietnam in April and began full operations on Sept. 25.
AI & Enterprise
Worxsphere launches WorxShift AI job training brand for SME employees
AI and data-based HR tech platform Worxsphere said on Thursday it launched WorxShift, a job training brand aimed at strengthening practical AI capabilities for employees at small and medium-sized enterprises. The programme is part of the Korea Industrial Human Resources Corp’s 2026 premium training project for fostering SME talent. Worxsphere said the courses are segmented by job type and cover four fields, with evening offline classes held at its Seoul headquarters.
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Industry
[Snapdragon Summit 2026] \"A chip like a racing engine... Move memory to the side to secure a heat-dissipation path\"
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Finance
South Korean banks\' delinquency rate rises to 0.63 percent; corporate loan rate at 0.78 percent
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Finance
Youth Future Savings second application opens Oct. 7, rollover from Youth Leap account allowed
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Finance
Lee Jae-geun picked as KB Financial next chairman, signaling change and generational turnover
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Games & Commerce
Korea Post Logistics Agency to launch Post Pick service to support SMEs in international shipping
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Industry
Arm unveils new products to unify phones, robots and servers
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AI & Enterprise
42Maru targets Saudi AI market through Kosmes support program
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Finance
KB Financial expands industrial safety support for 446 SMEs in second phase
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Finance
Digital asset cross-industry ties spread as top 4 financial groups post 11 trillion won profit era
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Finance
IBK Industrial Bank of Korea first-half net profit 1.44 trillion won, down 4.4 percent
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Finance
Woori Financial first-half net profit 1.61 trillion won, non-bank contribution rises to 22.3%
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Finance
KB Financial Group creates 1.66 trillion won in social value in first half
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Finance
Korean banks\' loan delinquency rate rises to 0.67%; SME delinquency tops 1 percent
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Telecommunications & Media
Government, home shopping firms and SMEs pledge shared growth, push 10 tasks
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Finance
KB Financial Group, KOSMES to support industrial safety infrastructure for 950 SMEs