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Korea - Eighth Development Finance Corporation Project (English)
- Korea - Eighth Development Finance Corporation Project (English)
- World Bank (WB)
| Title |
Korea - Eighth Development Finance Corporation Project (English)
Similar Titles
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|---|---|
| Material Type | Reports |
| Publisher |
World Bank (WB) |
| Date | 1980 |
| Language | English |
| File Type | Link |
| Subject | Economy < Financial Policy |
| License |  |
Abstract
The First Korea Long Term Credit Bank Project incorporates a package of financial sector policy measures which will be implemented by the Government, as a part of a comprehensive reform of the financial system of Korea. The loan will be used to help cover the foreign exchange requirements of subprojects to be financed by KLTCB over the next two years. In order to encourage increased mobilization of medium-term foreign commercial borrowings by KLTCB, the loan will incorporate a special amortization feature, which will permit the blending of Bank and commercial resources. There is no special risk associated with the project.
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