SEOUL (The Korea Herald/ANN): Despite the Covid-19 (coronavirus) pandemic impact being felt across the world, South Korean banks are retaining their faith in the Asean countries – dubbed as a new market with relatively high interest rates and demand for fresh funds.
With travel restrictions to key Asean markets likely to be lifted soon – as there are zero coronavirus deaths in Cambodia and Vietnam so far – the countries will not only work as a breather for the lenders, but also as a battleground for heightened competition.