South Korean Commercial Banks Step In To Finance Polish Arms Deal

South Korea’s commercial banks will provide a large syndicated loan to Poland to finance a key arms deal.

Credit: Alamy Stock Photo
South Korean commercial banks are stepping in to provide financing for arms sales to Poland as the state-backed Export-Import Bank of Korea (Eximbank) runs up against a lending limit. KB Kookmin, Shinhan, Hana, Woori and NongHyup–the five largest Korean commercial lenders–will provide the first...

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