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South Korea's Financial Supervisory Service states Samsung as the Korean conglomerate with the most debt
The parent company of chip manufacturer SK Hynix, SK Group, dropped to third place, with Hyundai Motor ranking second; followed by Lotte in fourth and LG in fifth.
Overall, 42 corporate groups have been identified as high-debt enterprises, up from 41 the previous year.
As of the end of last year, the outstanding bank credit balance of these groups was 386.9 trillion won ($255 billion), a 4.1% increase from the previous year.