The Financial Supervisory Service has decided to hold the main creditor bank responsible for the management of corporate insolvency. Judging that corporate debt can be the detonator of the Korean economy, they are intensively managing conglomerates.
On the 10th, the Financial Supervisory Service released and announced the “2025 Business Plan.” Announcing the work plan, Financial Supervisory Service Director Lee Bok-hyun stressed, “As political and economic uncertainties are increasing, the Financial Supervisory Service will carry out its work with greater responsibility and awareness than ever.”
The Financial Supervisory Service conducts in-depth monitoring of groups…
