The 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, 2022The extension takes effect from 4 October, the same day applications for the New Start Fund open for small merchants and the self-employed.
October 4, 2022Policy banks will have KRW 6 trillion until 30 March 2023 to buy up corporate bonds and commercial paper.
July 18, 2022Banks can continue to total hold LCR at 85% for three more months, following which the FSC will raise the total LCR requirement back to 100% in steps.
April 4, 2022