Hyundai Card Vice Chairman: "Recent Financial Crisis Different from Before... Will Use It as a Growth Opportunity"

[Asia Economy Reporter Park Jun-yi] Jung Tae-young, Vice Chairman of Hyundai Card and Hyundai Commercial, recently stated that the current financial crisis is a known crisis, different from previous ones, and that they will use the crisis as a stepping stone for growth.

In his New Year's message on the 4th, Vice Chairman Jung said, "Last year was a year in which we achieved results that we can be proud of despite the crisis," adding, "Hyundai Card has been leading the card industry by writing a new history, and Hyundai Commercial has established itself as a top-tier capital company."

He said, "This year will be a year focused more on fundamentals and essence rather than flamboyance," and added, "I believe the recent financial crisis is different from previous financial crises in that it was a 'known crisis.'"

He continued, "Since opportunities always come after a crisis, we will use this crisis as a stepping stone for growth."

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