FSC Chairman presides over meeting on emergency response measures amid ongoing Middle East conflictMar 30, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the meeting on emergency financial support measures with officials from related organizations and financial industry groups on March 30 as the conflict in the Middle East continues to go on for more than four weeks. At the meeting, Chairman Lee outlined the government and the financial industry's efforts to ensure a sufficient supply of financial support for the real economy and ensure financial market stability and risk management. As part of this assistance programs, Chairman Lee said that the supply of policy finance support will be expanded to KRW24.3 trillion, up KRW4 trillion from the previous level, to help the businesses suffering from the fallout of the Middle East conflict. While ensuring a 24-hour monitoring of market situations at home and abroad, Chairman Lee said that the financial authorities will make sure to actively implement the KRW100 trillion-plus market stabilization programs.