FSC Chairman visits financial welfare and personal bankruptcy support centersNov 07, 2023

FSC Chairman Kim Joo-hyun visited the financial welfare support center set up to help young adults in Seoul and the personal credit rehabilitation and bankruptcy support center managed by Korea Legal Aid Corporation on November 7. During his visit to the two support centers, Chairman Kim expressed appreciations for their efforts in helping to provide support for young adults and vulnerable groups and held talks on the need to prevent and root out unlawful debt collection practices targeting vulnerable debtors. In this regard, Chairman Kim said that the government will work to make sure that relevant microfinance policy supports are provided to lower income and vulnerable individuals in a timely manner.