South Korea’s savings banks are pushing to lower their deposit insurance premium rates to 0.2–0.25%, citing heavy burdens as the government prepares to raise the coverage limit and premium rates, with sector liabilities still at negative 4.3 trillion won.
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#YonhapInfomax #DepositInsurance #SavingsBanks #PremiumRate #KoreaFederationOfSavingsBanks #FinancialLiabilities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79915
Deposit Insurance Premium Hike Looms—Savings Banks Push for 0.2–0.25% Rate in Line with Mutual Finance Sector
South Korea’s savings banks are pushing to lower their deposit insurance premium rates to 0.2–0.25%, citing heavy burdens as the government prepares to raise the coverage limit and premium rates, with sector liabilities still at negative 4.3 trillion won.