35.7 Trillion Won Was Used for the Financial Restructuring As of end-September

As of the end September, 35.7 trillion won has been used for financial restructuring since late last year.
According to the Financial Supervisory Commission on October 8, the amount of money which was mobilized for financial restructuring amounted to 18.03 trillion won by the Korea Deposit Insurance Corporation (KDICO) and 17.75 trillion won by the Korea Asset Management (KAMCO) Corporation.
These amount are equal to 55.8% of the 64.07 trillion won the government had already planned for financial restructuring.
KDICO's 18.03 trillion won was used to support banks (10.5 trillion won), merchant banks (6.3 trillion won), insurance firms (0.92 trillion won) and other institutions.
KAMCO's 17.75 trillion won beaks down as follows: 4.01 trillion won for Seoul and Korea First banks; 1.36 trillion won for Daehan and Hankook Guarantee Insurance; 2.47 trillion won for 30 merchant banks; 0.95 trillion won for 5 closed banks and 8.94 trillion won for commercial banks.
The remaining financial restructuring will see the government spend money for the support of insurance firms, capital infusions in Hana, Boram, Chohung and the Korea Exchange banks.