Search results for Korea Strategic Technology Partners
Finance
FSC to increase support for small merchants by over 1.5 trillion won, ease financing barriers for startups
South Korea\'s financial authorities will expand the supply of the \"Small Merchants The Dream Package\" to more than 12 trillion won from 10.5 trillion won. They will also lower financing barriers for early-stage startups and abolish joint guarantees applied to P-CBO support for small and medium-sized firms. The Financial Services Commission discussed the measures at a policy finance meeting at IBK Industrial Bank of Korea and said it will announce detailed revisions to the package later this month.
Finance
Financial watchdog to revamp bank CEO renewal process, expand National Growth Fund to 200 trillion won
South Korea\'s Financial Services Commission plans to overhaul financial sector governance, including changes to the process for renewing chief executives to block long-term control built on friendly boards. It also plans to expand the National Growth Fund to 200 trillion won and pursue a full lifting of network separation rules to support productive finance and artificial intelligence transformation. The FSC also outlined steps on inclusive finance, regional policy finance and capital market reforms.
Finance
Financial Services Commission to expand national growth fund to 200 trillion won, push KOSDAQ reform
South Korea’s Financial Services Commission will expand the National Growth Fund to 200 trillion won from 150 trillion won and supply up to 10 trillion won to national strategic technologies. It will broaden support to future strategic industries including aerospace and raise annual direct equity investment support to at least 5 trillion won. The commission also plans KOSDAQ market restructuring, tighter limits on duplicate listings, a shift to T+1 stock settlement and other measures to enhance shareholder value and governance.
