[Breaking] Deputy Minister of Economy and Finance Expects Stability in Funding Market to Continue

Kim Yong-beom, 1st Vice Minister of Strategy and Finance

[Asia Economy Reporter Kwangho Lee] Kim Yongbeom, First Vice Minister of the Ministry of Economy and Finance, held a macroeconomic financial meeting at the Seoul Banking Hall on the 24th and stated, "Although the end of the quarter, when temporary liquidity supply contractions may occur, is approaching, considering the relatively abundant market liquidity and that most maturing bonds are of high credit ratings, the stability of the funding market is expected to be maintained." However, he expressed, "We will keep a close watch on market trends to prevent a recurrence of credit crunch phenomena at the end of the quarter, like in March, keeping in mind that concerns over worsening funding difficulties, especially in vulnerable industries, could arise at any time."

This content was produced with the assistance of AI translation services.