Kiwoom Securities Decides to Increase Short-Term Borrowings by 2 Trillion Won

[Asia Economy Reporter Minji Lee] Kiwoom Securities announced on the 18th that it has decided to increase short-term borrowings by 2 trillion won. This corresponds to 88.56% of its equity capital. The company plans to borrow 1 trillion won through commercial paper and 1 trillion won through the issuance of electronic short-term bonds.

The company stated, "This borrowing amount is not the actual borrowed amount but the borrowing limit set," and explained, "It is part of a stable funding plan."

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