Public Funds Recover 69.6 Billion Won in Q3; Cumulative Recovery Rate Reaches 73.1%

Seoul Guarantee Insurance Share Sale Proceeds and Dividends, Government Bond Repayment by the National Federation of Fisheries Cooperatives, and More

Public funds established to resolve insolvencies at financial institutions and address other issues during the 1997 foreign exchange crisis recovered 69.6 billion won in the third quarter of 2026.

According to the “2026 Third-Quarter Public Fund Management Report” released by the Financial Services Commission on October 27, the government and other entities injected a total of 168.7 trillion won from November 1997 through September 30, 2026, of which 123.4 trillion won was recovered. The cumulative recovery rate stood at 73.1%, up 0.4 percentage points from the end of last year.

Of the 69.6 billion won recovered in the third quarter, 19 billion won came from the sale of shares in Seoul Guarantee Insurance, and 23.7 billion won from dividends. The recovery total also included 20 billion won in government bonds from the National Federation of Fisheries Cooperatives that matured in the third quarter, as well as 6.9 billion won in interest income from loans extended to the former Resolution Finance Corporation (now KR&C).

A Financial Services Commission official said, “The government, the Korea Deposit Insurance Corporation and other relevant institutions will continue working to ensure the smooth repayment of public funds by efficiently managing and smoothly selling assets they hold, including stakes in financial companies.”

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