Public Fund Recovery Rate Reaches 72.6%...161 Billion Won Recovered in Q1 from Seoul Guarantee Share Sale
Financial Services Commission Releases First Quarter Public Fund Operations Report
The public fund recovery rate for the first quarter of this year reached a cumulative 72.6%. These public funds were established to address the restructuring of insolvent financial institutions during the 1997 International Monetary Fund (IMF) foreign exchange crisis.
According to the “Status of Public Fund Operations for the First Quarter of 2026” released by the Financial Services Commission on April 21, the government and related entities injected a total of 168.7 trillion won from November 1997 to the end of 2025, of which 122.4 trillion won, or 72.6%, has been recovered. The cumulative recovery rate rose by 0.1 percentage point compared to the end of last year.
The amount recovered in the first quarter of this year was 161 billion won. This figure reflects the proceeds from the after-hours block sale of 3 million shares of Seoul Guarantee Insurance, out of the 58.55 million shares held by the Deposit Insurance Fund Bond Repayment Fund.
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A Financial Services Commission official stated, "Going forward, the government, Korea Deposit Insurance Corporation, and other related agencies will continue to efficiently manage and smoothly sell off assets such as stakes in financial companies to ensure the public funds are repaid without delay."
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