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Korea Deposit Insurance Corp. Jun 03 Product Image

Korea Deposit Insurance Corp. Jun 03

  • ID: 1873256
  • June 2003
  • Standard & Poors

FEATURED COMPANIES

  • Industrial Bank of Korea
  • Korea (Republic of)
  • Korea Development Bank
  • Korea Expressway Corp.
  • Small Business Corp.
  • MORE

Abstract
The ratings on Korea Deposit Insurance Corp. (KDIC) are based on the role it plays in reforming and strengthening Korea's financial system. The corporation's primary mandate is to protect depositors by extending insurance coverage for deposits using its Deposit Insurance Fund (DIF). By acting as a guarantor to depositors against instances when financial institutions become insolvent and are unable to repay depositors, KDIC helps to safeguard public confidence, and maintain stability in the financial system. KDIC is also responsible for recapitalizing insolvent insured financial institutions and supervising their restructuring, recovering disbursed public funds, managing bankruptcy estate, and investigating the causes of insolvency and pursuing damage claims from parties deemed responsible. Clearly, the corporation is an integral part of the Korean...

Companies mentioned in this report are:
- Korea Deposit Insurance Corp.
- Korea Development Bank
- Korea Electric Power Corp.
- Korea (Republic of)
- Export-Import Bank of Korea
- Industrial Bank of Korea
- Korea Western Power Co. Ltd.
- Korea Hydro & Nuclear Power Co. Ltd.
- Korea Southern READ MORE >

- Korea Deposit Insurance Corp.
- Korea Development Bank
- Korea Electric Power Corp.
- Korea (Republic of)
- Export-Import Bank of Korea
- Industrial Bank of Korea
- Korea Western Power Co. Ltd.
- Korea Hydro & Nuclear Power Co. Ltd.
- Korea Southern Power Co. Ltd.
- Small Business Corp.
- Korea East-West Power Co. Ltd.
- Korea Midland Power Co. Ltd.
- Korea Expressway Corp.

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