FSC Chairman attends 1st consultative body meeting to boost financing support for export and investmentDec 29, 2022

FSC Chairman Kim Joo-hyun attended the 1st consultative body meeting on boosting financing support for export and investment on December 29 along with Trade, Industry and Energy Minister Lee Chang-yang and officials representing major industry groups and policy financial institutions. The consultative body meeting is the first minister-level communication and collaboration channel established in this administration between the industry and financial sectors, and the meeting will be held on a regular basis every three or six months. At the meeting, FSC Chairman Kim said that the financial sector will provide active support for industries to ensure that businesses can maintain production and employment despite difficult situations. In this regard, Chairman Kim said that policy financial institutions will supply KRW81 trillion in policy funds to support the implementation of industrial policies sought by government ministries. To achieve the KRW100 trillion investment target, Chairman Kim said that the role of private sector financial institutions is also crucial and that close cooperation is needed between industries and financial sectors.