FSC Chairman Kim Joo-hyun met with the heads of government-sponsored financial institutions on August 2 and held talks on the importance of a seamless implementation of the KRW125 trillion financial sector measures to help stabilize people's livelihoods and making collective efforts to maintain financial stability and seek innovative growth. At the meeting, Chairman Kim underscored the important role of government-sponsored financial institutions in alleviating the difficulties experienced by vulnerable debtors amid high interest rates and inflation. Chairman Kim also called for preparing measures for a soft landing of the termination of the loan maturity extension and payment deferment program currently scheduled to expire at the end of September.
FSC Chairman holds talks with heads of state-backed financial institutionsAug 02, 2022