61. The Korea Economic Daily reported the Bank of Korea made such a pledge on the assumption the foreign banks would not allow Korean banks to reschedule their debt payments. 62. The Korean government is attempting to convince foreign companies to continue to invest in Korean banks and companies. 63. The IMF aid will help convince foreign banks, meeting in New York later today, to roll over loans to Korean banks. 64. The Kia Group has been covered by a four-month-old anti-bankruptcy accord among Korean banks. 65. The plight of Hanbo and its creditors symbolize deep-rooted problems among Korean banks and industrial groups, or chaebol. 66. The plight of Korea First symbolizes deep-rooted problems at Korean banks where commercial lending criteria matter less than political favors or a fat bribe. 67. The proposals reflect mounting financial problems at Korean banks. 68. The pessimistic outlook could lead to a lower credit rating for Korean banks. 69. The rescue plan centers on shaky Korean banks. 70. The rise and fall of Korea First symbolizes deep-rooted problems at Korean banks where commercial lending criteria matter less than political favors or a fat bribe. |