SK fin authority seeks for a soft landing of PF mkt w/ new funds injection into prime business sites & incentive system for fin firms.
But fin industry still remains concerned about PF risk.
SK govt announces the final plan of PF normalization next wk.
But fin industry still remains concerned about PF risk.
SK govt announces the final plan of PF normalization next wk.
SK fin authority raises eased banks LCR to 97.5 from current 95%, starting from July through yr-end and aims to raise to 100% next yr.
Banking industry says there will be no issue on liquidity despite lcr normalization. ( Some banks hv already secured buffer likre more than 100%).
Banking industry says there will be no issue on liquidity despite lcr normalization. ( Some banks hv already secured buffer likre more than 100%).
SK announces the final plan of PF normalization.
-SK seeks to inject new funds of max 5T to resolve PF risk.
-Fund injection into prime PF business sites that suffer from a temporary lack of liquidity + strengthening business feasibility evaluation to sort out poor PF business sites.
-New funds injection via syndicate loans raised by banks & insurance firms. ( abt 1T)
-Kamco funds available: SK govt introduces the preferential purchase right. This makes PF bond holders to hv an option to sell bonds to Kamco first when they need to sell debts. (Kamco: Korea asset mgt corp)
-SK seeks to inject new funds of max 5T to resolve PF risk.
-Fund injection into prime PF business sites that suffer from a temporary lack of liquidity + strengthening business feasibility evaluation to sort out poor PF business sites.
-New funds injection via syndicate loans raised by banks & insurance firms. ( abt 1T)
-Kamco funds available: SK govt introduces the preferential purchase right. This makes PF bond holders to hv an option to sell bonds to Kamco first when they need to sell debts. (Kamco: Korea asset mgt corp)