With corporate loans in the banking sector approaching 2,000 trillion won, the number of companies that need restructuring due to the prolonged economic slump is rapidly increasing. The number of companies that were subject to restructuring after failing scores as a result of the bank’s corporate credit risk assessment has surged. Although an increasing number of companies are unable to afford debt, there are concerns that there may be a gap in corporate restructuring as the Corporate Restructuring Promotion Act, which is the legal basis for workouts, is set to sunset.
◆ Companies to judge signs of insolvency surge
According to the financial sector on the 15th, 67…