Yonhap Infomax NewsJul 9, 2025
Saemaul Geumgo’s efforts to resolve troubled real estate project financing have stalled, but the launch of MG AMCO may accelerate asset recovery as the sector faces mounting non-performing exposures.
#YonhapInfomax #SaemaulGeumgo #ProjectFinancing #MGAMCO #NonPerformingLoans #AssetManagementCompany #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71307
[Secondary Financial Sector PF Review] Stalled Progress at Saemaul Geumgo—Will Asset Management Company Mark a Turning Point

Saemaul Geumgo’s efforts to resolve troubled real estate project financing have stalled, but the launch of MG AMCO may accelerate asset recovery as the sector faces mounting non-performing exposures.

Yonhap Infomax
Yonhap Infomax NewsJun 13, 2025
Saemaul Geumgo Federation will launch an asset management subsidiary in July to accelerate the disposal of over KRW 3 trillion in bad loans, aiming to strengthen financial soundness after last year’s record losses.
#YonhapInfomax #SaemaulGeumgo #AssetManagementCompany #NonPerformingLoans #FinancialSoundness #KRW3TrillionDisposal #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67346
Saemaul Geumgo to Launch Asset Management Company Next Month—Aims to Offload KRW 3 Trillion in Bad Loans in H2

Saemaul Geumgo Federation will launch an asset management subsidiary in July to accelerate the disposal of over KRW 3 trillion in bad loans, aiming to strengthen financial soundness after last year’s record losses.

Yonhap Infomax