FSC Chairman visits KFTC's operating center to check preparation for launching online one-stop loan transfer service for mortgage loansJan 08, 2024

Chairman Kim Joo-hyun of the Financial Services Commission visited Korea Financial Telecommunications & Clearings Institute (KFTC)'s operating center in Seongnam-si, Gyeonggi Province on January 8 to ensure a seamless preparation for launching the online one-stop loan transfer service for mortgage loans starting from tomorrow. During his visit, Chairman Kim said that this service will help to reduce the interest payment burden placed on households amid challenging economic situations. In this regard, Chairman Kim added that the government will continue to seek regulatory improvements and build relevant infrastructures to bring about innovation in the financial industry by promoting a closer cooperation between financial companies and fintech businesses.