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  • 10 / 13 / 2020
  • Household Loans, September 2020

  • The outstanding balance of household loans in all financial sectors rose KRW10.9 trillion from the previous month in September 2020 (up 6.8% year-on-year). The household loan balance increased KRW9.7 trillion in the banking sector and KRW1.1 trillion in the non-banking sector.
    * Please refer to the attached PDF for details.

  • pdf 201013 Household Loans_September 2020.pdf
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  • 10 / 06 / 2020
  • Government Approves Revised Rules to Facilitate Accounting and Audit Reforms

  • The government approved the revisions to the Enforcement Decree of the Act on External Audit of Stock Companies during a cabinet meeting held on October 6. The revised rules will become effective on the day of promulgation.
    * Please refer to the attached PDF for details.

  • pdf 201006 Government Approves Revised Rules to Facilitate Accounting and Audit Reforms.pdf
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  • 10 / 05 / 2020
  • Household Loans by Five Major Banks in September 2020

  • The outstanding balance of household loans by five major banks increased KRW6.6 trillion in September 2020, rising at a slower rate compared to the previous month (up KRW8.4 trillion).
    * Please refer to the attached PDF for details.

  • pdf 201005 Household Loans by Five Major Banks in September 2020.pdf
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  • 09 / 24 / 2020
  • FSC Holds 2nd Consultative Body Meeting on Digital Finance

  • Vice Chairman Sohn Byungdoo presided over the 2nd consultative body meeting on digital finance on September 24 and discussed the current status of platform businesses entering the financial sector and their impact on the market as well as ways to improve the personal authentication and identity verification system in financial services.
    * Please refer to the attached PDF for details.

  • pdf 200924 FSC Holds 2nd Consultative Body Meeting on Digital Finance.pdf
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  • 09 / 24 / 2020
  • FSC Adds 5 More 'Innovative Financial Services' to Regulatory Sandbox

  • The FSC added five more 'innovative financial services' to the regulatory sandbox on September 23, bringing the total number of designated services to 115 since the sandbox program was first launched on April 1, 2019.
    * Please refer to the attached PDF for details.

  • pdf 200924 FSC Adds 5 More Innovative Financial Services to Regulatory Sandbox.pdf
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  • 09 / 24 / 2020
  • FSC and FSS Sign MOU with Bank of Thailand

  • The FSC and the FSS signed a Memorandum of Understanding (MOU) with the Bank of Thailand on comprehensive cooperation in the areas related to the financial sector and innovation in financial services.
    * Please refer to the attached PDF for details.

  • pdf 200924 FSC and FSS Sign MOU with Bank of Thailand.pdf
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  • 09 / 23 / 2020
  • Vice Chairman Pledges to Stay Alert for Potential Risks in Financial Markets

  • Vice Chairman Sohn Byungdoo held the 22nd financial risk assessment meeting via teleconference on September 23 and discussed market conditions and issues concerning household loans, soundness of financial institutions and corporate credit situation with relevant authorities.

    * Please refer to the attached PDF for details.

  • pdf 200923 Vice Chairman Pledges to Stay Alert for Potential Risks in Financial Markets.pdf
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