FSC Chairman speaks about the significance of small business support measures introduced by banksDec 21, 2023

Chairman Kim Joo-hyun of the Financial Services Commission held a meeting with the banking sector on December 21 where the banks announced their plans to make available KRW2 trillion-plus in support for small businesses through interest refund and other measures. At the meeting, Chairman Kim talked about the significance of the support plan prepared by banks, since the scale of support made available by the banking sector for social contribution this time is the largest ever and because it demonstrates concerted efforts made by the Korea Federation of Banks. Chairman Kim added that the financial authorities will continue to maintain close communication with the banking sector and provide active support in the process.