Banks, insurers urged to ramp up role for productive finance amid Middle East crisis

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Source: South Korea
Published: 2026-04-16 15:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Economy & Finance, Business & Economy
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Snippet:
SEOUL, April 16 (Yonhap) -- The country's financial regulator said on Thursday it will move to revamp capital regulations on banks and insurers in order to prod them to play a key role in boosting productive finance amid woes over the fallout from the Middle East crisis.
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