'Recapitalization fund suggested for restructuring' korea news

Bank of Korea (BOK) Governor Lee Ju-yeol said Friday the bank will consider the economic effects of corporate restructuring when determining its key interest rate. His remarks came as the central bank is under growing government pressure to help recapitalize state-run policy banks that need extra funds to reschedule the debt payments of ailing shipbuilders and shippers. http://ift.tt/1rFNlUK