The main objective of this report is to introduce Korea’s experiences in the resolution of non-performing assets (NPAs) after the 1997 financial crisis. Starting with the descriptions over the situation of financial risk build-up in the pre-crisis era, the author discuss the evolution of and policy measures to the event, putting emphasis on architecting financial restructuring scheme. Prudential impact on financial institutions was also highly considered...
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INFORMATION
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2018/08/01
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Rapport
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147077
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1
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1
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2020/03/26
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Disclosed
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Resolution of Non-Performing Assets : Experiences of Korea
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financial crisis