{
    "success": true,
    "data": {
        "id": 1551063,
        "msgid": "kia-gets-fresh-loans-1447893297",
        "date": "1997-07-23 00:00:00",
        "title": "Kia gets fresh loans",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Kia gets fresh loans SEOUL (AFP): South Korean banks yesterday said they would extend 160 billion won (US$179 million) in emergency loans to help ease cash flow problems faced by the troubled Kia Group, a bank spokesman said. The decision by 10 creditor banks of Kia came as suppliers for the auto maker faced the danger of chain bankruptcies, a Korea First Bank spokesman told AFP. The money will be provided to Kia until the end of this month, he said.",
        "content": "<p>Kia gets fresh loans<\/p>\n<p>SEOUL (AFP): South Korean banks yesterday said they would<br>\nextend 160 billion won (US$179 million) in emergency loans to<br>\nhelp ease cash flow problems faced by the troubled Kia Group, a<br>\nbank spokesman said.<\/p>\n<p>The decision by 10 creditor banks of Kia came as suppliers for<br>\nthe auto maker faced the danger of chain bankruptcies, a Korea<br>\nFirst Bank spokesman told AFP.<\/p>\n<p>The money will be provided to Kia until the end of this month,<br>\nhe said.<\/p>\n<p>&quot;Kia has enough collateral to offer in return for the loans,&quot;<br>\nhe said, noting that Kia had decided to dispose of real estate<br>\nworth three trillion won (US$3.4 billion) in a self-rescue plan.<\/p>\n<p>The creditor banks, however, decided that the current Kia<br>\nGroup head, Kim Sun-Hong, and top executives should resign for a<br>\nmanagement reshuffle and that Kia Group should also spin off Asia<br>\nMotors Co. which produces buses and trucks.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/kia-gets-fresh-loans-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}