South Korean banks have slashed 10% from their borrowings to restructuring domestic shipbuilders.
Figures from Korea Enterprise Data shows that eight state and three commercial lenders have a KRW 46.3 trillion ($40.4bn) exposure to the big three yards, Hyundai Heavy Industries, DSME and Samsung Heavy Industries.
This is down from KRW 51.71 trillion in late 2015, Korean media said.
Another five private banks have cut their books to KRW 12.7
