FSC Chairman Kim Joo-hyun met with CEOs of five major financial holding companies on November 1 and held talks on current financial market situation. At the meeting, Chairman Kim and participants discussed the important role of financial holding groups in stabilizing markets, ensuring liquidity provision to the real economy and providing support for vulnerable debtors. The five major financial holding companies pledged to provide a total of KRW95 trillion in liquidity support for markets and lending support for their subsidiaries by the end of this year.

* Please see press release for details.