The Bank of Korea has pledged to supply more liquidity to struggle shipyards and shipowners.
Governor Lee Ju-yeol told the Korea Times the lender wants to play an active role in the restructuring of companies like DSME, HMM and Hanjin Shipping.
This could be through a form of quantitative easing, which is when a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.
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