Korea recovers over 72 percent of Asian financial crisis bailout funds

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Korea recovers over 72 percent of Asian financial crisis bailout funds

Published: 24 Feb. 2026, 14:23

The headquarters of the Financial Services Commission inside the government complex in Jongno District, central Seoul is seen in this file photo [NEWS1]

The government has retrieved over 72 percent of the public funds used to bail out troubled financial firms since the 1997-1998 Asian financial crisis, the financial regulator said Tuesday.

As of end-December, the government has been paid back 72.5 percent, or 122.1 trillion won ($83.4 billion), of the 168.7 trillion won in bailout funds, according to the Financial Services Commission.

The reading marks a 0.5 percentage point rise from a year ago, the data showed.

Yonhap