{
  "id": 14129874,
  "title": "KAMCO broadens cooperation with Asian markets on bad loan management",
  "url": "https://urgent.news/2026/10/13/kamco-broadens-cooperation-with-asian-markets-on-bad-loan-management",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T05:52:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/banking-finance/20261013/kamco-broadens-cooperation-with-asian-markets-on-bad-loan-management"
  },
  "original_language": "en",
  "account": "The Korea Asset Management Corporation (KAMCO) is broadening its collaborations with Asian financial entities, leveraging its extensive knowledge of managing nonperforming loans (NPL) acquired over nearly three decades, according to the state-run agency. Vietnam serves as a prime example of this strategy. In April, KAMCO entered into a consulting agreement valued at approximately $400,000 with the Asian Development Bank to assist in creating a legal framework for asset-backed securities (ABS) in the nation. Over the subsequent 25 months, the agency will examine Vietnam's financial and legal landscape, propose regulatory enhancements, and aid in the development of guidelines for issuing ABS. The initiative will also incorporate training programs to bolster local expertise.\n\nIn addition to strengthening individual markets, KAMCO is enhancing the infrastructure for actual transactions. In a consortium with Shinhan DS, the agency is part of a 2.5 billion won ($1.86 million) project aimed at upgrading the Vietnam Asset Management Company's online platform for NPL trading. Furthermore, KAMCO is expanding its reach beyond individual markets through broader cooperation efforts.",
  "summary": "The Korea Asset Management Corporation (KAMCO) is expanding its cooperation with Asian financial authorities, drawing on nearly three decades of experience managing nonperforming loans (NPL) to help countries strengthen their financial systems, the state-run agency said Monday. Vietnam offers a clear example of that approach. In April, KAMCO signed a consulting agreement worth around $400,000…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
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        "published": "2026-10-13T02:11:41.000Z"
      },
      {
        "outlet": "Investing.com",
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        "url": "https://urgent.news/2026/10/13/samsung-sk-hynix-shares-plunge-on-china-competition-fears",
        "published": "2026-10-13T02:47:42.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Asian stock markets plunge, KOSPI faces bloodbath amid chip competition from China",
        "url": "https://urgent.news/2026/10/13/asian-stock-markets-plunge-kospi-faces-bloodbath-amid-chip",
        "published": "2026-10-13T03:26:21.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "KAMCO broadens cooperation with Asian markets on bad loan management",
        "url": "https://urgent.news/2026/10/13/kamco-broadens-cooperation-with-asian-markets-on-bad-loan-management-14133161",
        "published": "2026-10-13T06:12:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}