{
  "id": 14133161,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T06:12:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "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, known as KAMCO, is widening its collaboration with Asian nations to tackle problematic loan management. Leveraging its extensive experience of nearly three decades in dealing with nonperforming loans, KAMCO aims to bolster the financial systems of these countries, according to the state-run agency. Vietnam serves as a prime example of their strategy. In April, KAMCO entered into a consulting agreement valued at approximately $400,000 with the Asian Development Bank to assist in establishing a legal framework for asset-backed securities in Vietnam. Over the subsequent 25 months, the agency will evaluate Vietnam's financial and legal landscape, suggest regulatory enhancements, and contribute to creating guidelines for issuing ABS. This project will also involve training initiatives to bolster local expertise. KAMCO is also focused on enhancing the infrastructure required for actual transactions. In a partnership with Shinhan DS, they are conducting a 2.5 billion won ($1.86 million) project to enhance the Vietnam Asset Management Company's online platform for NPL trading. Furthermore, KAMCO is extending its efforts beyond individual markets through a broader collaboration.",
  "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",
        "published": "2026-10-13T05:52:02.000Z"
      }
    ]
  },
  "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."
}