Preventing the collection of expired debts... Financial Supervisory Service begins field inspections on the lending industry
The Financial Supervisory Service of South Korea is initiating field inspections on lending companies to prevent the illegal extension of expired debts during debt collection processes.
European banks tightened the terms on corporate loans at the end of 2025
European banks have unexpectedly tightened credit criteria for businesses at the end of 2025, raising concerns about future lending practices.