FSC Chairman meets with Deutsche Bundesbank President Joachim NagelDec 02, 2025

Chairman Lee Eog-weon of the Financial Services Commission met with Deutsche Bundesbank President Joachim Nagel at his office in Seoul Government Complex on December 2. At the meeting, Chairman Lee and President Nagel exchanged views on uncertainty regarding the monetary policy of major economies, global discussions on stablecoin, and the role of finance for boosting the real economy. Speaking about Korea Development Bank (KDB)'s recent branch opening in Frankfurt, Germany, Chairman Lee asked for continued support from the Bundesbank President to facilitate the business operation of Korean financial companies in Germany. In this regard, the two leaders agreed to strengthen cooperation on financial regulation and supervision to promote the entry and overseas expansion of financial businesses in each other's country.