21.   International banks do not trust Korean banks and so have been reluctant to roll over loans or even to arrange trade transactions.

22.   It is news now that Korean banks are in danger of immediate failure and that the government has little in the way of foreign exchange to support them.

23.   Korean banks desperately need streamlining.

24.   Korean banks have been criticized for years for being too willing to keep failing companies on life support.

25.   Korean banks posted worse-than-expected profits in the first half of this year as some of their biggest customers collapsed.

26.   Korean banks say they may try other means of raising their BIS ratios such as selling bonds to the government or cutting back loans to Korean companies.

27.   Korean merchant banks were born.

28.   Korean officials dismissed the idea that they would absorb Korean bank debt outright.

29.   Korean banks and companies are finding it increasingly hard to raise foreign currency overseas because of mounting bad loans and the slowest economic growth for four years.

30.   Korean banks have other problems too,