Public Fund Recoveries Remain Below 1 Trillion Won for Third Straight Year... Cumulative Recovery Rate at 72.5%

830 billion won recovered last year, down from previous year

Cumulative recovery reaches 122.2 trillion won

The amount of public funds recovered last year—which were originally raised to resolve the insolvency of financial institutions during the 1997 International Monetary Fund (IMF) foreign exchange crisis—fell compared to the previous year, remaining below 1 trillion won for the third consecutive year.

According to the “Status of Public Fund Management for the Fourth Quarter of 2025” announced by the Financial Services Commission on February 24, the government and related entities injected a total of 168.7 trillion won from November 1997 to the end of 2025, of which 72.5%, or 122.2 trillion won, has been recovered.

The total amount recovered in 2025 was tallied at 830 billion won. As a result, the annual recovery amount has remained below 1 trillion won for three consecutive years: 610 billion won in 2023, 940 billion won in 2024, and 830 billion won in 2025.

The amount recovered in the fourth quarter of last year was 122.8 billion won. Of the government bonds (totaling 757.4 billion won) repaid by the National Federation of Fisheries Cooperatives in September 2022, 80 billion won was recovered as bonds reached maturity. In addition, 42.8 billion won was secured as interest income from loans that had been provided to KR&C (formerly the Resolution and Finance Corporation), a subsidiary of the Korea Deposit Insurance Corporation, during the past restructuring of financial institutions.

Public funds were raised using government-guaranteed bonds and other sources to address the insolvency of financial institutions during the 1997 economic crisis.

An official from the Financial Services Commission stated, “Going forward, the government, Korea Deposit Insurance Corporation, and other related institutions will continue to efficiently manage assets such as stakes in financial companies and facilitate smooth sales in order to ensure the repayment of public funds proceeds without setbacks.”

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