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Six securities firms named SME investment specialists in Korea

Six securities firms named SME investment specialists in Korea

Six securities firms have been designated as specializing in investing in small and medium-sized enterprises (SMEs), the Financial Services Commission (FSC) announced Friday. The FSC said that it has named IBK Securities, Yuanta Securities Korea, Eugene Investment & Securities, KB Investment & Securities, Korea Asset Investment & Securities and Kiwoom Securities as SME-specialized investors after assessing 13 firms that applied for the designation. Those selected companies will be subject to financial support from state-run institutions after investing in SMEs for two years. If they fail to pass a mid-term assessment after a year, they will lose the right to the support.
 

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