Bank of Korea

Capital / Liquidity

Financial Groups Pledge Capital to Stabilise Korean Markets

By Manesh Samtani | 01/11/2022

KRW 95 trillion will ultimately be channeled by 5 financial groups into corporate bonds, other debt securities, state firms, and small merchants and businesses.

Capital / Liquidity

BOK Offers More Measures to Stabilise Korean Markets

By Editors | 28/10/2022

BOK eased its collateral policies and opened a new repo facility. The FSC adjusted the loan-to-deposit ratio. KSFC and KDB are providing liquidity to securities firms.

Korea Warns Against Direct FX Transactions Between Individuals

By Editors | 19/10/2022

Any foreign currency transactions worth more than KRW 5,000 has to be reported to the central bank, or face penalties for violating Korea’s foreign exchange laws.

Securities / Derivatives

Korea to Relaunch Market Stabilisation Fund This Month

By Editors | 05/10/2022

The stabilisation fund will be worth a reported $7bn and be used to inject money in the local stock market if it continues to fall.

Securities / Derivatives

Korea Takes Emergency Measures to Stabilise Markets, Currency

By Editors | 29/09/2022

MOEF and BOK are buying government bonds to lower yields, and the FSC is preparing to reactivate a stock market stabilisation fund created during the Covid-19 pandemic.

Crypto / Digital Assets

BOK Calls for Reversal of ICO Ban in Korea

By Editors | 30/08/2022

BOK says the ban has resulted in domestic companies turning overseas to issue new crypto assets, which are then listed on Korean crypto exchanges.

Capital / Liquidity

Korea to Introduce Funding Support Mechanism for FIs in Distress

By Editors | 27/07/2022

Funding support will only be made available for the resolution of distress in cases where an FI has the potential to improve liquidity and capital adequacy.

Korea Unveils KRW 80 Trillion Package to Support Business Recovery

By Editors | 27/07/2022

A KRW 41.2 trillion programme has been launched to help self-employed business owners and small merchants. Two other programmes will be announced next month.

Capital / Liquidity

FSC Korea to Introduce Measures to Help Vulnerable Borrowers

By Editors | 23/07/2022

The FSC chairman has clarified that the plan is not intended to help those who have lost money on stock and crypto investments funded by cheap loans.