The Financial Services Commission says as of September the government has recouped 116 trillion won, or 68-point-nine percent, of public bailout funds it issued to troubled firms during the Asian financial crisis.

The retrieval rate of 68-point-nine percent is up from 68-point-five recorded late last year.

The public funds were set up in 1997 to bail out troubled banks, insurers and securities companies.

About 21-point-six billion won were recouped in the third quarter.