Chairman Kim Joo-hyun of the Financial Services Commission announced on the 2nd that the 125 trillion won financial sector stabilization project should be carried out without any setbacks for the underprivileged amid the worsening economic conditions.
Chairman Kim said at a meeting with the heads of policy financial institutions held at the government complex in Seoul on the same day, saying, “The role of policy financial institutions is becoming more important as the economic difficulties are increasing recently.”
Chairman Kim said, “We need to understand the 125 trillion won financial sector stabilization task without any setbacks so that the difficulties of vulnerable borrowers are not aggravated by the worsening economic conditions such as high interest rates and high inflation.” requested
In response, the heads of policy and financial institutions such as the Korea Development Bank announced that they would prepare for the announcement and execution of related systems without any setbacks, strengthen policy publicity, and explain in detail so as not to misunderstand the contents of the system.
The 125 trillion won financial sector stabilization task includes 80 trillion won in low-interest repayment loans for small business owners, customized support such as debt adjustment, and 45 trillion won in mortgage-backed loans that convert variable rates into fixed rates for individual borrowers. have.
/yunhap news