Officials also announced plans to launch a new taskforce to more effectively make long-term and consistent support available for climate finance.
March 8, 2024South Korea announced measures to provide tailored funding support for high-tech, middle market and distressed enterprises.
February 20, 2024The changes will enable financial institutions, including foreign banks operating in Korea, to transfer foreign currency denominated debt to overseas entities.
September 23, 2023The large exposure limit was implemented in March 2019 through administrative guidance, but the formal regulatory process was postponed until now due to Covid-19.
September 6, 2023The big five banks were asked to prepare KRW 1 trillion of financing as potential support for MG Community Credit Cooperative.
July 12, 2023With KOFIA designated as the administrator, the CD rate will begin to have legal effect as a critical benchmark rate starting on 2 October.
June 23, 2023The measures aim to address the challenges startups and venture capital firms face amid a slump in investment sentiment.
April 11, 2023New measures announced include more active liquidity support from banks and additional purchasing support from KDB and KODIT.
November 14, 2022BOK 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.
October 28, 2022Korea's government has pledged KRW 50 trillion to buy up corporate debt, defer the return to 100 percent LCR, and supply liquidity to securities firms.
October 24, 2022