FSC holds meeting on promoting overseas expansion of domestic financial infrastructureAug 28, 2023

The Financial Services Commission held a meeting with relevant institutions to discuss ways to promote overseas expansion of domestic financial infrastructure models on August 28. FSC Vice Chairman Kim So-young presided over the meeting and delivered opening remarks where he said that export of domestic financial infrastructure can be a major advantage in the future when financial companies try to establish their business presence abroad and build local networks in overseas markets. In this regard, Vice Chairman Kim talked about the need to explore ways to utilize official development assistance (ODA) as a means to promote export of domestic financial sectors.