As community  the has  Korean risen,  economy’s its  status  in  the  international  engagement  in  external  financial  cooperation is becoming more important, and the Bank of Korea is for example now expected to take on a strengthened role in international organizations.
In view of this, the underlying tone of private banks’ lending remains sluggish. Issuance of corporate bonds and CP has been steady. Money stock (M2 + CDs) grew slower in May compared with the previous month on a year-on-year basis. In this financial environment, corporate financing conditions are easing, and the lending attitude of financial institutions is perceived by firms as less severe.