Press

Home>Press>Press Release

Search

Stimulation Plan for Long-term KTB Futures Trade Approved by FSC

    Stimulation Plan for Long-term KTB Futures Trade Approved by FSC

    September 02, 2010
  • To promote trading of long-term KTB futures, the KRX amended its Derivatives Market Business Regualtion, and the Fiancial Services Commission (FSC) approved the amended Regulation on September 1, 2010.

    *Please read the attached file for details.


  

Measures to Support SMEs Hit by International Sanctions against Iran

    Measures to Support SMEs Hit by International Sanctions against Iran

    August 26, 2010
  • In order to support local small-and medium-sized enterprises (SMEs) that suffered losses from their business with Iran due to reinforced international sanctions against Iran, the Korean government has planned measures to support them.

    *Please read the attached file for details.


  

Plans to Enhance the Short-term Financing Market

    Plans to Enhance the Short-term Financing Market

    August 02, 2010
  • *Please read the attached file for details.

  

Privatization Plan for Woori Financial Group

    Privatization Plan for Woori Financial Group

    July 30, 2010
  • The Public Funds Oversight Committee has held the 22nd Meeting today to finalize its plans to sell the remaining shares of Woori Financial Group (WFG) held by the Korea Deposit Insurance Corporation (KDIC), where a consensus has been reached that after successfully making two block sales, once in November 2009 and once in April 2010, totaling 16% of WFG, bringing the total amount of shares held by the KDIC down to a 50% level, an appropriate condition has been set to finalize the privatization of WFG.

    *Please read the attached file for details.


  

Proposal for Amendments to the Enforcement Decree of the Banking Act

    Proposal for Amendments to the Enforcement Decree of the Banking Act

    July 28, 2010
  • Prior to the enforcement of the amended Banking Act* (November 18), the FSC has made amendments to the Enforcement Decree of the Banking Act to prescribe enforcement details.

    *Please read the attached file for details.


  

Stimulation Plan for Long-term KTB Futures Trade

    Stimulation Plan for Long-term KTB Futures Trade

    July 27, 2010
  • The Ministry of Strategy and Finance (MOSF), Financial Services Commission (FSC) and Korea Exchange (KRX) have jointly prepared the plan to stimulate trading of long-term Korea Treasury Bond (KTB) Futures.

    *Please read the attached file for details.


  

KRX introduces new auction-based Block Trading Service

    KRX introduces new auction-based Block Trading Service

    July 21, 2010
  • On 21st July 2010, Korea Exchange’s proposal on new ‘Auction-based Block Trading Service (hereinafter “A-Blox”)’ for its Securities markets (KOSPI Market & Kosdaq Market) has been approved by Financial Services Commission.

    *For further inquiry, please contact: + 822-3774-8594 or 9613


  

    "Sunshine Loans" for Low-Income Households

    July 20, 2010
  • In the wake of global financial crisis, low-income households have become more in need of loans; however, loans for them have become less available as financial institutions for low-income households have been more concentrated on equity investment and project financing.

    *Please read the attached file for details.


  

Amendments to the Insurance Business Act

    Amendments to the Insurance Business Act

    July 01, 2010
  • Amendments to the Insurance Business Act were passed at the National Assembly June 29, 2010 to strengthen insurance consumer protection.

    *Please read the attached file for details.


  

2010 Credit Risk Evaluations on Large Companies

    2010 Credit Risk Evaluations on Large Companies

    June 25, 2010
  • Creditor banks announced today a total of 65 companies for restructuring after completing their credit risk evaluations on 1,985 companies with outstanding credit lines of more than KRW 50.0 billion.

    *Please read the attached file for details.