Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the third consultative body meeting on productive finance on March 9 with officials from financial holding groups, insurance businesses, securities companies, and policy financial institutions participating. At the meeting, financial companies outlined their own plans and presented certain progress in making a transition to productive finance and strengthening regional finance efforts to promote more balanced growth across different regions. In this regard, Vice Chairman Kwon spoke about the importance of financial companies making genuine efforts to internalize the rules and systems designed for productive finance to be able to produce tangible outcomes in a nationwide move to push for productive finance.