FSC Chairman visits a semiconductor equipment manufacturing facility and pledges comprehensive support for middle market enterprisesNov 05, 2024

Chairman Kim Byoung Hwan of the Financial Services Commission visited a semiconductor equipment manufacturer, Texon's production facility located in Hwaseong, Gyeonggi Province on November 5 and held talks with a group of middle market enterprises (MMEs) on the need to expand financing support for them. As the first recipient of investment from the MME-exclusive investment fund, Texon has been planning to boost investment for its semiconductor and data center facilities. At the meeting, Chairman Kim outlined the availability of various types of financing support programs made available for MMEs and said that authorities will continue to seek ways to help MMEs by increasing the volume of P-CBO (primary collateralized bond obligation) issuance and lowering the cost of financing for MMEs.