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View Full Version : Korea Says Banks Won’t Have Foreign-Funding Crisis - Bloomberg



NewsWhore
02-23-2009, 05:20 AM
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Korea Says Banks Won’t Have Foreign-Funding Crisis (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaPKcHzffUZUw%26refer%3Djapan&cid=1307342182&ei=xmqiSe78GYHcNqjhjI0M&usg=AFQjCNFa_lk_Igm5o4g1lutdarW8A98pyw)
Bloomberg
“The currency volatility is the biggest concern for banks right now and as long as that concern is addressed the bank stocks can rise.” About 57 percent of Korean banks’ total debt owed to Japanese companies matures after 2010, the regulator said. ...


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