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FSC Chairman's press briefing on pressing financial issues

FSC Chairman Yim Jong-yong made clear the government's principles regarding restructuring of the financially-distressed shipping and shipbuilding industries. At a press briefing took place on August 10, he said that Hanjin Shipping successfully managed to…
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South Korea's Financial Revolution - WSJ

Chairman Yim's column on Korea's efforts to reform its financial industry was published on the Wall Street Journal Asia Edition's Opinion section on May 27, Friday. It reflects how well the FSC's financial reform drive is being recognized throughout the world.   Check…
금융위원장, 오빠생각 시사회 참석

Chairman Yim at preview for movie starring Yim Siwan

A preview for the new movie "Thinking of My Older Brother" was held at COEX cinema on Monday evening. Fintech ambassador Yim Siwan starred in the movie as a soldier fighting in the Korean War. Yim Siwan worked hard during the past year to promote and introduce…
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2015 Microfinance Day event

“We will provide more microfinancial support tailored to each financial consumer's needs" said FSC Chairman Yim Jong-yong at an event held to celebrate 'Microfinance Day' on December 22. He added that the National Assembly's approval of the relevant laws is urgent…
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Government to tackle 'zombie companies'

'Zombie companies', or companies which lack ability to repay debt, are a rotten apple to Korea's economy. Such companies barely exist by recieving bailouts and financial support from the government eventhough their odds of recovering to a normal path is unlikely.…
금융개혁 관련 기자 간담회

FSC Chairman’s briefing on Financial Reform

  “We seek to achieve three goals by reforming the financial sector,” FSC Chairman Yim Jong-yong said during a press conference on September 2. “Boost people’s wealth, provide necessary fund to businesses and households, and create jobs for the…
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Major progress in financial reform initiative

During the part three months since the announcement of 'Key Direction for Financial Reform', Chairman Yim Jong-yong made 37 on-site visits to listen to the voices of financial market participants. Based on the opinions and recommendations from the market,  the…
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Government to alleviate financial burden for low incomers

Park Geun-hye administration, since its launch, has been thriving to improve people’s livelihood. In line with such initiative, the FSC has devised and announced several policy measures to provide financial support particularly for low-income earners. For…