New measures announced include more active liquidity support from banks and additional purchasing support from KDB and KODIT.
November 14, 2022The "very detailed" assessment is aimed at measuring the risks to the financial system from the ongoing crisis in the property sector.
August 22, 2022The FSC will strengthen the evaluation process to ensure businesses pursuing transformation initiatives are eligible to receive financial assistance.
August 8, 2022A 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.
July 27, 2022Firms with securities businesses are expected to draw lessons from the shortcomings observed in the Archegos incident in order to foster a sound risk culture.
April 24, 2022An optical storage equipment supplier is being investigated for failing to disclose that it granted loans to shareholders and other entities in exchange for pledged assets.
April 13, 2022Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022A survey by the Korea Federation of SMEs found the support measures have helped about 80 percent of SMEs to sustain their business activities.
March 29, 2022Companies are given greater flexibility to open and use offshore banking unit accounts held with domestic banks to take out foreign currency loans.
March 11, 2022Prime Minister Datuk Seri Ismail Sabri Yaakob said the programme include direct loans, financing guarantees and equity injections.
February 24, 2022