Watchdog chooses 176 companies for restructuring


(MENAFN) Repots stated that South Korea's state financial watchdog have picked 176 national small and medium-sized enterprises (SMEs) due to urgent corporate reformation.

Additionally, reports posted the Financial Supervisory Service (FSS) directed a credit risk assessment of 2.035 SMEs here in an ordinary step made under a related corporate law.

Never the less, the 176 firms were set on the blacklist, a 28.5% growth from the average of 137 during the past 3 years.


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