New measures announced include more active liquidity support from banks and additional purchasing support from KDB and KODIT.
November 14, 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, 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, 2022Pension contributions data will be converged with KCB credit data using homomorphic encryption, technology which allows data analysis to be performed on encrypted data stored at different institutions.
July 19, 2020Korea's CreDB system will be enhanced with additional datasets and increased server capacity to support deep learning and other types of AI-based data analysis.
July 3, 2020The public release of the data is expected to contribute to the advancement of the data economy and fintech industry, while also creating more jobs in data-driven innovative services.
June 9, 2020Korea’s bond market stabilisation fund has begun operating. Additional support will come through a new bond underwriting programme, P-CBOs, and direct investment into fintechs.
April 10, 2020The new system will use non-financial and transaction information of SMEs and small merchants to generate credit scores, improving their ability to obtain financing and credit guarantees.
March 20, 2020The government has also decided on emergency financial measures worth 50 trillion won to support SMEs and individuals with low credit ratings.
March 19, 2020