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  • 02 / 27 / 2009
  • Korean Banking sector

  • The FSC would like to clarify the difference between current figures of Korean banks' external debts and borrowings in foreign currencies reported by the Bank of Korea.

    *Please read the attached file for details.
  • pdf KOREAN BANKING SECTOR.pdf
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  • 02 / 25 / 2009
  • Bank Recapitalization Fund Formation and Operation

  • The specific plans to launch and operate the Bank Recapitalization Fund have been announced for the purpose of enabling banks to take upon the leading role in shoring up real economic sectors and the on-going restructuring programs...

    *Please read the attached file for details.
  • pdf Bank Recapitalization Fund Formation and Operation.pdf
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  • 02 / 24 / 2009
  • Remodeling Currency Futures Products Market

  • In response to increasing demand for Currency Futures Products (CFPs) for hedging purpose, especially by corporate international traders, the Financial Services Commission and Korea Exchange (KRX) have decided to push ahead with "remodeling" the currency futures market...

    *Please read the attached file for details.
  • pdf Remodeling Currency Futures Products Market.pdf
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  • 02 / 19 / 2009
  • Corporate Restructuring Strategic Directions

  • Amid the global financial crisis in an effort to prevent financial defaults in financial markets, the Korean government has decided to pursue quick and effective restructuring measures....
    *Please read the attached file for details.

  • pdf Corporate Restructuring Strategic Directions.pdf
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  • 02 / 16 / 2009
  • FSCMA and Common Concerns

  • *Please read the attached file for details.
  • pdf FSCMA Website.pdf
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  • 02 / 16 / 2009
  • Joint Workshop Report

  • In response to the recent decision by the state guarantee agencies, KODIT and Kibo to roll over all existing guarantees maturing in 2009, nine Korean banks have pledged to roll over all existing corporate loans maturing in 2009, regardless of whether the loans are backed by the credit guarantees, except for the loans to companies that have shut down their operations or to bankrupt companies.
  • pdf Joint Workshop Report.pdf
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