Eximbank Korea launches W40tr Middle East relief program

Korea Export-Import Bank is providing support for Korean companies affected by conflict in the Middle East, including financial assistance and a dedicated response desk at its headquarters. The state-run lender said Tuesday it will activate a risk response program providing up to 40 trillion won ($27.3 billion) in emergency liquidity for companies affected by the US and Israel-Iran war The decision was made at a meeting Monday, where officials reviewed potential shock scenarios for the real econ

By The Korea Herald