Korea Asset Management Corporation

The Korea Asset Management Corporation (KAMCO) is a government-owned asset management company in South Korea. KAMCO has purchased and resolved non-performing loans (NPLs) of financial institutions, implemented the restructuring plan of corporations, assisted the financially-underprivileged to restore credit-worthiness, and managed state-owned properties and collected overdue taxes as a quasi governmental entity. KAMCO carried out its task of resolving non-performing loans efficiently and contributed to the efficient restructuring of the financial industry in Korea during the post-1997 Asian financial crisis period. KAMCO purchased the impaired assets and settled the gains or losses with the financial institutions involved once the assets recovered...

Asset management,public auction,government-owned property management,state real estate development,non-performing asset managment fund,distressed assets,restructuring fund,and government property management fund

Korea asset management corporation operates in the Financial services industry.

Korea asset management corporation's revenue is 11m - 100m

Korea asset management corporation has 51 - 200 employees.