S.Korean Bad Bank Buys $1.1 Bln In Toxic Loans
United Asset Management Co., South Korea’s bad bank, has said it will have completed the purchase of some $1.1 billion in non-performing project financing loans from domestic lenders by the end of the first half of 2011.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts