Market volatility has only limited impact on financial companies: regulator | Yonhap News Agency

## Summary
OK SEOUL, April 8 (Yonhap) -- Market volatility caused by the monthlong crisis in the Middle East has been delivering a limited impact on financial companies, the financial regulator said Wednesday, adding that it is still closely monitoring risk factors. The FSC said in March alone, banks provided some 5 trillion won (US$3.38 billion) in new financing, while extending maturities for 4.7 trillion won worth of loans to the Middle East crisis-hit companies. Earlier, major banks said they would provide more than 53 trillion won in new loans for the companies affected by the regional conflict, and also extend loan maturities and seek ways to reduce their financial burden. sam@yna.co.kr (END) Related Articles (LEAD) FX volatility likely to ease if Middle East tensions subside: banks FSC to step up support measures for exporters amid deepening Mideast crisis Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S. Korean actress IU Nobel chemistry laureate in Seoul prev Market volatility has only limited impact on financial companies: regulator Next Market volatility has only limited impact on financial companies: regulator

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SEOUL, April 8 (Yonhap) -- Market volatility caused by the monthlong crisis in the Middle East has been delivering a limited impact on financial companies, the financial regulator said Wednesday, adding that it is still closely monitoring risk factors.
The Financial Services Commission (FSC) said it is checking liquidity levels and asset soundness of financial companies, while the Financial Supervisory Service (FSS) is conducting stress tests on the companies in various scenarios.
So far, volatility in the currency and bond markets has been posing a limited impact on the financial companies, but thorough preparations should be in store for more severe fallout from a drawn-out U.S.-Iran war, the FSC said.
Financial authorities have been stepping up efforts to prevent problems in shaky sectors from spilling over into the broader financial system, and prod financial firms to strengthen their asset quality and liquidity levels.
The FSC said in March alone, banks provided some 5 trillion won (US$3.38 billion) in new financing, while extending maturities for 4.7 trillion won worth of loans to the Middle East crisis-hit companies.
Earlier, major banks said they would provide more than 53 trillion won in new loans for the companies affected by the regional conflict, and also extend loan maturities and seek ways to reduce their financial burden.
sam@yna.co.kr
(END)
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Market volatility has only limited impact on financial companies: regulator
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Market volatility has only limited impact on financial companies: regulator

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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- OK SEOUL, April 8 (Yonhap) -- Market volatility caused by the monthlong crisis in the Middle East has been delivering a limited impact on financial companies, the financial regulator said Wednesday, adding that it is still closely monitoring risk factors.
- Earlier, major banks said they would provide more than 53 trillion won in new loans for the companies affected by the regional conflict, and also extend loan maturities and seek ways to reduce their financial burden. sam@yna.co.kr (END) Related Articles (LEAD) FX volatility likely to ease if Middle East tensions subside: banks FSC to step up support measures for exporters amid deepening Mideast crisis Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- OK SEOUL, April 8 (Yonhap) -- Market volatility caused by the monthlong crisis in the Middle East has been delivering a limited impact on financial companies, the financial regulator said Wednesday, adding that it is still closely monitoring risk factors.
- So far, volatility in the currency and bond markets has been posing a limited impact on the financial companies, but thorough preparations should be in store for more severe fallout from a drawn-out U.S.-Iran war, the FSC said.
- Earlier, major banks said they would provide more than 53 trillion won in new loans for the companies affected by the regional conflict, and also extend loan maturities and seek ways to reduce their financial burden. sam@yna.co.kr (END) Related Articles (LEAD) FX volatility likely to ease if Middle East tensions subside: banks FSC to step up support measures for exporters amid deepening Mideast crisis Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP Lee voices hope for peace in Easter message 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.
- Korea is 'clear warning' (LEAD) Top presidential aide to visit Kazakhstan, Oman, Saudi Arabia to discuss securing crude oil, naphtha N.

### Expert Commentary
This article covers financial, companies, korea topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 494.