South Korea · General

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

· By Park Sang-soo
Story summary

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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