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LENDING & CREDIT | Cesar Tordesillas, Korea
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S. Korea's Eximbank pursues repayment from N. Korea's Chosun Trade Bank

South Korea's Export-Import Bank of Korea has called on North Korea's Chosun Trade Bank to pay back food loans  that became due this week.

 

The loans were extended more than a decade ago.

South Korea's state-run trade bank has notified Chosun Trade Bank of its repayment obligations on May 4, but has received no reply so far.

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