Tag: bailout

bailout

Latest News

Nearly 73% of 1997 financial crisis bailout funds repaid as of June

Korea has recouped 123 trillion won ($83.3 billion) of public money used to rescue troubled financial firms after the economic collapse.

2026.7.21

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

Korea recovers over 72 percent of Asian financial crisis bailout funds

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.

2026.2.24

[Column] Trust is the most reliable asset for banks

Korean banks who play safe with their primary income coming from interest rates must not let down their guard against the risk of spillover.

2023.3.23

A small shop owner prepares to open his store in Seoul on May 30. [YONHAP]

Bailouts for irresponsible punters anger the sensible and sound

Bailouts for cryptocurrency losers and millennials who gluttonously bought up stocks at or near the market top are not going over well with people who played by the rules.

2022.7.18

Tag: bailout

bailout

Latest News

Nearly 73% of 1997 financial crisis bailout funds repaid as of June

Korea recovers over 72 percent of Asian financial crisis bailout funds

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[Column] Trust is the most reliable asset for banks

Bailouts for irresponsible punters anger the sensible and sound