FSC Chairman Eun Sung-soo met with the heads of financial industry groups and other relevant officials on August 11 and held talks on the necessity of credit recovery support for individuals struggling through the COVID-19. Amid an ongoing COVID-19 situation, Chairman Eun stated that credit recovery support for individuals is needed to help prevent vulnerable individuals and individual business owners from facing the risk of a credit score downgrade. All financial sectors pledged active cooperation on this matter.

* Please see press release for details.