President Baek Wi-sung of Yiseongbaek Forecast Visits Small Business Debtors to Offer Support Amid COVID-19 Crisis
[Asia Economy Reporter Kwon Haeyoung] On the 6th, Wi Seong-baek, President of the Korea Deposit Insurance Corporation, visited small business owners who had successfully recovered economically after past debt restructuring, to encourage vulnerable low-income groups suffering economic difficulties due to the spread of the novel coronavirus infection (COVID-19).
Visiting Mr. A, who runs a hair salon in Seongdong-gu, Seoul, President Wi directly heard about the difficulties faced by small business owners who, after debt restructuring, are once again threatened in their economic self-reliance and livelihood due to COVID-19. President Wi and his staff tried to provide practical help by giving haircuts and supporting necessary items (such as hand sanitizer) to assist the operation of the hair salon even a little.
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Mr. A expressed his gratitude, saying, "I was already very thankful just to be able to repay the debt that had weighed heavily on my chest for a long time and to have hope, but receiving support like this again during such difficult times really gives me great strength."
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