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Jitters over a run on the Korean Federation of Community Credit Cooperatives, also known as MG Community Credit Cooperatives, are showing signs of calming down. Withdrawals subsided and many of those who rushed to withdraw savings are redepositing them. According to an inter-agency response team, deposit withdrawals from KFCC turned to a downward trend on July 7. They shrank about 1 trillion won ($765 million) from a...

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South Korea ,Korea , ,Financial Supervisory Service ,Korea Deposit Insurance Corp ,Korean Federation Of Community Credit Cooperatives ,Mg Community Credit Cooperatives ,Korean Federation ,Community Credit Cooperatives ,Korea Deposit Insurance ,Korea Herald ,

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