Yonhap Infomax NewsSouth Korea’s KDIC President Yoo Jae-hoon says raising the deposit insurance limit to 100 million won has proven effective, with larger deposits rising and plans for higher premiums to strengthen the fund, while lawmakers urge careful management to avoid burdening consumers.
#YonhapInfomax #KDIC #DepositInsurance #YooJaeHoon #CoverageLimit #FinancialStability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86524
#YonhapInfomax #KDIC #DepositInsurance #YooJaeHoon #CoverageLimit #FinancialStability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86524
Yoo Jae-hoon, KDIC President, Says Raising Deposit Insurance Limit Proves Effective
South Korea’s KDIC President Yoo Jae-hoon says raising the deposit insurance limit to 100 million won has proven effective, with larger deposits rising and plans for higher premiums to strengthen the fund, while lawmakers urge careful management to avoid burdening consumers.