Korea Institute of Finance

Financial Research Brief

26-04 Mar 28, 2026

Wealth Inequalities Among Newly Married Households: Key Drivers and Policy Implications

This paper empirically examines how the determinants of net wealth among newly married households in Korea vary across quantiles by using annual data from the Korean Labor and Income Panel Study spanning 1999 to 2023. The following key findings and policy implications have been derived from the analysis. First, increased owner-occupation contributes to wealth accumulation across the distribution of net wealth, with the effect most pronounced around the median. Accordingly, policies designed to s...

Financial Review Sungwook Park

Policy Measures to Enhance the Financial Data Ecosystem in an AI-Driven Economy

Policy Issue in Focus Jeong Ho Suh

The Growing Need for Holistic Policy Support to Boost Innovation-Driven Productivity

Policy Issue in Focus Jean Lim

Protecting Geographic Financial Access for Consumers: Policy Responses and Implications

Policy Issue in Focus Si-Yeon Lee

Korea Tightens Inflation Measures Amid Oil Price Surge, Mar 2026 (MOEF)

News Briefs KIF

Analysis on Firm Risk and Insurance Use

This report empirically examines how the level of risk faced by firms affects their insurance utilization, using panel data from Korean listed companies over the 2010?2024 period. Unlike prior studies that have largely explained corporate insurance demand through traditional factors such as agency costs, tax benefits, and bankruptcy costs, this study focuses on how the actual level and nature of risk alter firms' insurance expenditure. The analysis reveals that as business, market, and bankrupt...

20260331 Jiwon Park

2025 Annual Report

20260317 KIF

Designing Sustainable MyData Frameworks for Vietnam: A Comparative Study of Korea's Experience and Policy Adaptation for Local Innovation

This study assesses Vietnam’s legal and institutional maturity and its preparedness for adopting financial MyData, and evaluates the relevant financial infrastructure elements by comparing them with the Korean case. Although Vietnam has met some of the basic requirements, the results indicate that it will require improvements to the legal and institutional framework, as well as strengthened inter-agency cooperation, to establish a safe and consent-based data-sharing system. This study also iden...

20260115 Nguyen Thi Minh Ngoc, Choi Kwang Seok

Designing Sustainable MyData Frameworks for Georgia: A Comparative Study of Korea's Experience and Its Policy Adaptation

This study is a comparative analysis conducted to explore how Korea’s MyData framework can be incorporated into Georgia’s open banking and open finance development strategy. Korea has established a user-centric data ecosystem that spans finance, telecommunications, healthcare, and the public sector. This ecosystem is supported by a world-leading Data Re-use Index, a mature MyData infrastructure, a stringent licensing data-protection regime, and extensive API standardization. In contrast, Georg...

20260115 Varlam Ebanoidze, Kwang Seok Choi

A Study on the Possibility of a Compromise Between Household Debt Soundness and Financial Accessibility of Underserved Population : A Microeconomic View on Savings Bank Loan Holders

차주의 연체 발생 확률은 원리금 상환부담(debt-to-income, DTI) 증가뿐 아니라 신용공급 축소 등에 따른 유동성 제약 시 높아질 수 있음. 이에 본 연구는 유동성 제약이 연체 발생에 미치는 영향을 가계신용대출 보유 차주에 관한 미시 데이터를 통해 정량적으로 추산함. 당월 추가로 유동성을 공급받은 차주 대비 미공급 차주의 익월 연체진입률 배수(odds ratio)는 저축은행 차주가 2.0으로, 카드업권(1.7), 캐피탈업권(1.5), 은행업권(1.2)에 비해 높았음. 이는 저신용차주 및 이들 비중이 큰 저축은행 차주에 대한 유동성 공급이 연...

20260114 Tae-Rog Oh

Global Expansion of Policy Banks in Korea and Future Tasks

The assets of policy banks have expanded rapidly so that overseas asset ratio(overseas assets/total assets) of the Korea Development Bank(KDB), the Export-Import Bank of Korea(KEXIM), and the Industrial Bank of Korea(IBK) stands at 14%, 3% and 4% respectively. Overseas profit ratio(overseas profit/total profit), KDB and IBK show levels of 5% and 4%, respectively. Policy financial institutions in major foreign countries show that even government-owned banks actively pursue commercial roles(DBS) ...

20260114 Yoonsok Lee