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2024 Regular Credit Risk Assessment Results and Future Plans

News Financial services Reports
Date: 23rd Dec, 2024 Source: Financial Supervisory Service (FSS) Country: South Korea Original Source

Brief

On December 23, 2024, the Financial Supervisory Service (FSS) released an update on the 2024 Regular Credit Risk Assessment Results and Future Plans. The evaluation revealed that 230 companies were classified as financially distressed, a decrease of one from last year, with 100 companies in the C-grade category and 130 in the D-grade category, primarily due to economic downturn and rising costs.

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Financial Supervisory Service (FSS)

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