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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Six securities firms named SME investment specialists in Korea
![Six securities firms named SME investment specialists in Korea Six securities firms named SME investment specialists in Korea](https://smefinanceforum.org/sites/default/files/styles/720x486/public/post/images/shutterstock_379161616_0.jpg?itok=ImfGAEab)
Apr 15, 2016