Lee Bok-hyun, Financial Supervisory Service Chief: "Voluntary Support from Financial Sector Greatly Helps Vulnerable Groups Overcome Crisis"

[Asia Economy Reporter Song Hwajeong] Lee Bokhyun, Governor of the Financial Supervisory Service (FSS), evaluated that the financial sector's voluntary support activities are greatly helping vulnerable groups overcome crises.

According to the FSS on the 26th, Governor Lee made these remarks while attending the opening ceremony of the 'DGB Daegu Bank Eokkaedongmu Lounge,' a space for local small and medium-sized enterprises (SMEs), small business owners, and residents.

In his congratulatory speech at the opening ceremony, Governor Lee said, "The financial sector's voluntary support activities are a great help in overcoming crises faced by vulnerable groups such as ordinary citizens and small business owners who are struggling due to COVID-19, high interest rates, and high exchange rates." He emphasized, "Not only financial support but also non-financial services such as management consulting actively help restore management and increase sales, contributing to alleviating the practical difficulties of small business owners."

Governor Lee encouraged Daegu Bank's efforts to support vulnerable groups such as local SMEs and small business owners and urged continuous and substantial operation. Along with this, he listened to on-site voices regarding the local economy, financial situation, and difficulties through a meeting with local SMEs and small business owners in Daegu.

Additionally, Governor Lee attended the launch ceremony of the digital talent development project hosted by DGB Financial Group on the same day and encouraged the participating youth.

At the launch ceremony, Governor Lee emphasized, "Digital talent development is important to appropriately respond to changes in the financial sector caused by the acceleration of digital technology adoption and the expansion of platform businesses." He evaluated, "In particular, this DGB project is even more meaningful as it aligns with government policies for digital talent development and represents a voluntary effort by the private sector to prepare for future financial business."

This project selects about 50 young people from provincial areas annually and provides opportunities to become digital talents equipped with IT capabilities such as artificial intelligence (AI), information security, and big data through education by global IT companies (Google, Microsoft, Amazon, etc.) and experts, enabling employment in the financial sector.

Governor Lee stated, "We plan to continue various efforts, including close cooperation with related organizations and the financial sector and active on-site activities to expand support for vulnerable groups such as youth and small business owners."

This content was produced with the assistance of AI translation services.