Republic of Korea: Financial System Stability Assessment

May 20, 2014

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Format: Chicago

Republic of Korea: Financial System Stability Assessment, (USA: International Monetary Fund, 2014) accessed December 21, 2024

Summary

This Financial System Stability Assessment report on the Republic of Korea highlights that the Korean economy is experiencing a modest recovery, helped by supportive monetary and fiscal policies and buoyant exports. GDP growth is expected to rebound to 2.8 percent in 2013, and strengthen further to 3.7 percent in 2014, in view of the projected global recovery and a gradual pickup in domestic demand. Inflation has fallen to 0.7 percent in October 2013 from 4.2 percent in 2011. With stronger exports and muted domestic demand, the current account surplus has widened and is expected to reach about 5.5 percent of GDP in 2013.

Subject: Asset and liability management, Banking, Commercial banks, Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Liquidity, Stress testing

Keywords: Bank, Bank default, Bank recapitalization fund, Banking group, Banking sector, BOK, Capital base, Commercial banks, CR, FSS examination, Global, ISCR, Liquidity, Liquidity profile, Market, Market risk exposure, Procedure, Return on assets, Risk profile, Rollover rate, Stress testing

Publication Details

Pages:

54
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/126
Stock No:

1KOREA2014002
ISBN:

9781484399118
ISSN:

1934-7685

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