FSC Chairman Kim Joo-hyun attended the business agreement ceremony for launching a corporate restructuring innovation fund at Busan International Finance Center in Busan on April 11. The Korea Development Bank, the Export-Import Bank of Korea, the Industrial Bank of Korea and the Korea Asset Management Corporation pledged to invest KRW500 billion in policy funds and actively cooperate with each other for launching a corporate restructuring innovation fund worth KRW1 trillion.  In his congratulatory remarks, Chairman Kim talked about the importance of pursuing market-oriented measures for corporate restructuring and said that authorities will work to establish up to KRW4 trillion worth of corporate restructuring innovation funds by 2027 to facilitate normalization of enterprises through capital markets.