Skip to Main Navigation

KR-FIN. & CORP. RES. AS

Abstract*

The Financial and Corporate Restructuring Assistance Project aims to provide technical assistance to support reforms in Korea's financial and corporate sectors and for sustained strong and stable growth. There are 6 main components. The first aids financial sector supervision and crisis management by providing institution building for the Financial Supervisory Commission (FSC), strengthening the financial institutions crisis resolution strategy and...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Show More

Development Objective

TA FOR FINANCIAL SECTOR SUPERVISION AND RESTRUCTURING, CORPORATERESTRUCTURING, AND CORPORATE GOVERNANCE FRAMEWORK.

Key Details

Project Details

  • P056796

  • Closed

  • William Peter Mako

  • N/A

  • Korea, Republic of

  • August 17, 1998

  • (as of board presentation)

    August 6, 1998

  • October 1, 1998

  • US$ 48.00 million

  • C

  • January 15, 2013

  • June 30, 2002

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 48.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 48.00
IDA Commitment N/A
IBRD + IDA Commitment 48.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 54.50

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Aug 6, 1998 IBRD-43850 Loan Commitment 48,000,000.00
Oct 15, 2013 IBRD-43850 Loan Repay 1,304,318.90
Oct 15, 2013 IBRD-43850 Int Charges 4,243.36

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-25-2003PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.