excess funds Archives | Be Korea-savvy

Households, Nonprofit Agencies’ Excess Funds Fall in 2021 amid Economic Recovery

SEOUL, April 7 (Korea Bizwire) — Excess funds held by South Korean households and nonprofit organizations fell last year from a year earlier as private spending increased amid the economic recovery, central bank data showed Thursday. Net financial funds — the value of financial assets minus financial liabilities — held by local households and nonprofit [...]

S. Korean Households’ Excess Funds Shrink in Q2

SEOUL, Oct. 2 (Korea Bizwire) – Excess funds held by South Korean households fell in the second quarter of this year from a quarter earlier on increased purchases of new houses amid a property boom, central bank data showed Tuesday. Net financial funds, covering assets minus liabilities, controlled by households and nonprofit organizations totaled 11 trillion won [...]