FSC Chairman holds talks with heads of financial holding groupsFeb 16, 2021

FSC Chairman Eun Sung-soo met with the heads of the financial holding groups on February 16 and held talks on extending the availability of loan deferment of principal and interest payments currently set to expire at the end of March. The participants agreed on the need to extend the availability of payment deferment for small merchants and SMEs for six more months considering the current COVID-19 situation, conditions in the real economy, etc. During the meeting, Chairman Eun emphasized the importance of maintaining steady support for the real economy and stated that the financial authorities will work on an orderly rollback of the temporary support and deregulatory measures when conditions are permissible.


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