The ratio of newly established corporations in South Korea to those defaulting rose to 63.9% in February from 51.8% in January, influenced by the fall in the number of corporations defaulting, the Bank of Korea said on Sunday.
This marks the highest start-up / failure ratio since July 2009.
Some 111 companies defaulted during February in South Korea, down from 141 in the previous month.
The number of newly established corporations stood at 4,668, down from the previous month's 5,335, the central bank said.
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