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Korea Deposit Insurance Corporation

1 byte added, 1 year ago
Support of insolvent financial institutions: Typo fixing, replaced: on of → one of using AWB
===Support of insolvent financial institutions===
The KDIC supports an insolvent financial institution in accordance with the following four principles: Least Cost Principle, Loss-Sharing Principle, Self-Help Effort Principle and Transparency/Objectivity Principle.
And the KDIC usually uses onone of two methods: deposit payoff and financial assistance. Financial assistance includes loan extension and fund deposit, purchase of assets and assumption of liabilities, equity investment and contributions.
===Resolution of failed financial institutions===