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  • 03 / 31 / 2009
  • The Bank Recapitalization Fund - 1st Round Purchase

  • The Bank Recapitalization Fund Oversight Committee announced that the first round of bond purchase was completed in the amount of KRW3.956 trillion with 8 banks...

    *Please read the attached file for details.

  • pdf The Bank Recapitalization Fund - 1st Round Purchase.pdf
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  • 03 / 30 / 2009
  • Reinforced Monitoring of Financial Institutions¡¯ PF Loans

  • To address the concerns about potential distress related to PF loans in the construction industry, the FSC/FSS has been implementing the reinforced monitoring of savings banks' PF loans which had been deemed risky.

    *Please read the attached file for details.

  • pdf Reinforced Monitoring of Financial Institutions¡¯ PF Loans.pdf
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  • 03 / 20 / 2009
  • Bank Recapitalization Fund's Execution Blueprint

  • The Bank Recapitalization Fund Oversight Committee has unveiled its third blueprint as to the basic guidelines for the first round of purchasing banks' hybrid bonds and subordinate bonds scheduled at the end of March...


    *Please read the attached file for details.

  • pdf Bank Recapitalization Fund's Execution Blueprint.pdf
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  • 03 / 18 / 2009
  • FSC Meets the Press and Investors in London

  • Headed by the Vice Chairman, Dr. Rhee Chang Yong, the FSC delegates met with representatives from major press and financial institutions in London on Friday, March 13, 2009...


    *Please read the attached file for details.

  • pdf FSC Meets the Press and Investors in London.pdf
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  • 03 / 13 / 2009
  • Fitch Ratings' Stress Test

  • A summary of Fitch Ratings' stress test on Korean banks and the government's stance.

    * Please read the attached file for details.

  • pdf Fitch Ratings' Stress Test.pdf
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  • 03 / 06 / 2009
  • FSC Article Published in AWSJ

  • The Vice Chairman, Dr. Rhee Changyoung, has contributed an article to the Wall Street Journal, published on March 6 in the Editorial & Opinion section, clarifying some inaccurate media coverage on Korea's current financial market conditions...

    * Please read the attached file for details.

  • pdf FSC Article Published in AWSJ.pdf
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  • 03 / 05 / 2009
  • Restructuring of Shipping Companies

  • In order to shore up Korea's flagging shipping industry, due to its deteriorating business environments, the government announces restructuring plans to help contain increasing insolvency in the shipping industry and to revamp the industry so as to strengthen its competitiveness in the global market...

    *Please read the attached file for details.

  • pdf Restructuring of Shipping Companies.pdf
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  • 02 / 27 / 2009
  • Corrections for The Economist Article

  • The Ministry of Strategy and Finance and the Financial Services Commission issue the following explanations to correct factual errors and questionable assertions made in the article titled "Domino theory" published by 'The Economist' on February 26, 2009.

    *Please read the attached file for details.
  • pdf Corrections for The Economist Article.pdf
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