IBK head apologizes for $60.2 mil. in improper loans
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IBK head apologizes for $60.2 mil. in improper loans
Industrial Bank of Korea (IBK) CEO Kim Sung-tae issued an apology Wednesday and announced a comprehensive reform plan in response to the Financial Supervisory Service's (FSS) findings on improper lending practices totaling 88.2 billion won ($60.2 million).
·Korea, Republic of
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