You are here

Banks dropping support for Hanjin Shipping, say sources

Wednesday, August 31, 2016 - 05:50

Seoul

CREDITOR banks of Hanjin Shipping Co Ltd have decided to stop supporting South Korea's largest carrier, increasing the likelihood that the company will enter court receivership, two people at the creditor banks said.

A spokesman for lead creditor Korea Development Bank

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom