초록 열기/닫기 버튼
The study on the improvement of profitability in domestic bank industry after currency crisis.- comparison with banks of countries which have faced financial crisis in 1990's-Bae, Gun-Ho*This paper has examined the suggestions of Korean banks by analyzing the cases of bank industry of the countries who have faced similar financial crisis in the 1990's. The outcome of this study was that there is a common feature of nations whose bank profit and prices of stock increased. That is quick increment of corporate loans along with withdrawal of credit crunch after successfully completing the bank restructuring.Korea is similar in that there were some kind of restructuring of bank organs and decrease in insolvent bonds. However As foreign countries' case shows, loans, especially those of an enterprise, should be enlarged in order to keep increasing bank profit and stock prices. Since the currency crisis, Korea has achieved considerable success in financial restructuring, but it is desirable for the banks to expand sound loan for corporate in order to improve the competitiveness and profitability of the financial sector.At the same time, efforts must be made to strengthen market discipline and to enhance the transparency of financial information. Standard for accounting and public disclosure should be heightened to enable shareholders, creditors, and others to gauge financial institutions' management performance accurately from their financial statements. On the other hand, to promote the improvement of corporate financial structures and the prompt resolution of ailing companies, more accurate valuation of corporate credit risk and the restructuring of financially troubled companies under the leadership of financial institution, should become firmly established at the earliest date possible攀* Full Time Lecturer, Dongeui University攀攀
키워드열기/닫기 버튼
credit crunch, financial restructuring, loan for corporate
