Monday, February 20, 2017

Imjongryong "4th industrial restructuring bank debt corresponds to the limit."



[Korea financial newspaper choice is a reporter] imjongryong finance chairman (pictured) on the 20th, 4th, as the Industrial Revolution In order to respond to fundamental changes in the industrial structure, financial restructuring expertise of creditor banks to not only be done with this business restructuring there is a limit, he said.

Open 'market-friendly restructuring plan enabled the seminar' bank Hall in the afternoon hosted by the Korea Institute of Finance imjongryong Chairman stressed the "permanent enemies, market-friendly structural adjustment 'to the barn and told reporters.

Imjongryong Chairman, Korea Bank loan provisioning scale due to the absence due to a cost structure that continues to grow amid stagnant sales revenues of new sources of revenue that are influencing short-term profit, said "marginal firms fearing the short-term management earnings It is active in delaying the restructuring of bank debt or not should look out for yourself, and tweaked.

The future of the opinion that the creditor banks on a static, passive away from credit risk assessment practices should be selected for restructuring companies actively according to objective criteria.

Imjongryong chairman should take advantage of the more productive areas of 'structure effective workout should be disposal to promote this quickly for the difficult enterprise market creditor banks dimension in adjusting propulsion stage "said Bank of human and material resources of tied to' restructuring He will be 'had said.

For other capital market restructuring players 'new restructuring personnel and investors' magazine said this role. Imjongryong Chairman emphasized the 'mergers and acquisitions (M & A) to transform the company further restructuring in the investment strategy of the enterprise market with new competitive enterprising getdaneun high value-added positions.

Another company egen 'to the consumer market of the restructuring would leverage the framework of the new restructuring "and proposed a" restructuring is to invest new funds in an active principle of saving the company.

Meanwhile seminar is Chinese New Year the Korea Institute of Finance, Senior Research Fellow two were in charge of Presentation 'credit risk objectivity of the evaluation criteria, rationality increase,' 'Restructuring timely induction sale of bonds,' 'restructuring fund' and market-friendly the restructuring plan was activated presented.

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