President Moon: "Manage Loans for Ordinary Citizens and Genuine Borrowers Carefully to Ensure No Disruptions"
Frontline Bank Branches Ensured Uninterrupted Supply, Financial Authorities Urged to Manage... Also Directed to Improve Minor Inheritance System
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[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in stated on the 14th regarding the Financial Services Commission's position to ensure that jeonse loans for low-income real demand borrowers are not halted, "The financial authorities should carefully manage so that jeonse loans and balance payment loans for low-income real demand borrowers are supplied without disruption at frontline bank branches," White House spokesperson Park Kyung-mi conveyed.
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Regarding the issue of minors inheriting large debts after the death of their parents, President Moon instructed, "Seek institutional improvements to protect minors from debt inheritance, including administrative measures to ensure minors receive sufficient guidance about the inheritance system."
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