Yonhap News4/21/2026BusinessSouth Korea
S. Korea recovers 72.6% of Asian crisis bailout funds
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- The South Korean government has recovered 72.6 percent, or 122.4 trillion won (US$83.2 billion), of the 168.7 trillion won in bailout funds used to rescue troubled financial firms during the 1997-1998 Asian financial crisis, as of end-March 2026.
- The Financial Services Commission reported a 0.1 percentage-point rise from three months earlier, with 161 billion won recovered in the first quarter alone.
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The South Korean government has recovered 72.6 percent, or 122.4 trillion won (US$83.2 billion), of the 168.7 trillion won in bailout funds used to rescue troubled financial firms during the 1997-1998 Asian financial crisis, as of end-March 2026. The Financial Services Commission reported a 0.1 percentage-point rise from three months earlier, with 161 billion won recovered in the first quarter alone.
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This article was originally published by Yonhap News.
