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Improvement in Household Debt Structure

    Improvement in Household Debt Structure

    January 26, 2015
  • As a means to improve structural vulnerability of bank mortgage loans, the government has been encouraging banks to increase the proportion of fixed rate and non-amortized loans since 2011.

    *Please read the attached file for details


  

Policy Initiatives for 2015: A 'Dynamic and Innovative Economy'

    Policy Initiatives for 2015: A 'Dynamic and Innovative Economy'

    January 15, 2015
  • The government announced its policy initiatives for 2015 with relevant ministries to realize a 'dynamic and innovative economy.' Under the three-year plan for economic innovation, the policy initiatives are mainly focused on boosting the Korean economy's vitality by creating new businesses, new industries and new markets.

    *Please read the attached file for details.