Yonhap Infomax NewsThe Bank of Korea is pushing to introduce a pre-approval system for accepting loan receivables as collateral, aiming to enhance rapid liquidity support for financial institutions during crises, in line with practices at major global central banks.
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https://en.infomaxai.com/news/articleView.html?idxno=81307
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https://en.infomaxai.com/news/articleView.html?idxno=81307
Bank of Korea Calls for Pre-Approval of Loan Collateral to Bolster Liquidity Support
The Bank of Korea is pushing to introduce a pre-approval system for accepting loan receivables as collateral, aiming to enhance rapid liquidity support for financial institutions during crises, in line with practices at major global central banks.