Wednesday, November 21, 2012

[Marine] Seoul "Stress Test" on yards

Chairman Kim Seok-Dong of Financial Services Commission of Korea has ordered to do Stress Tests on major businesses, including shipbuilding, shipping, etc., on November 19.

Chairman Kim requested a thorough preparation for poor economic environment, during executive meeting on the day.
Seoul "Stress Test" on yards

Since depression of real economy is expected to transfer to aggravation in financial sector fast, industries should be fully prepared.

Since such industries as shipbuilding, construction, etc., are more vulnerable to economic fluctuation, he ordered to connect financial institutions' indexes with real economy.



Published : November 20, 2012



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