Chairman Lee Eogwon Meets with Standard Chartered Group Chairman, Urges Expanded Corporate Finance Support

Bill Winters, Chairman of Standard Chartered Group, Visits Korea
Exchange of Views on Global Crisis Situations
Winters: "Korean Stock Market Shows Robust Growth"

Lee Eogwon, Chairman of the Financial Services Commission, met with Bill Winters, Chairman of the UK-based Standard Chartered Group, on the 13th to share the Korean government's financial policy direction and requested that Standard Chartered Bank Korea expand its corporate finance support.

Lee Eokwon, Chairman of the Financial Services Commission, is taking a commemorative photo after a meeting with Bill Winters, Chairman of Standard Chartered, on the 13th.

On this day, Chairman Lee met with Chairman Winters at the Government Complex Seoul and discussed opinions on the recent escalation of global crises, including geopolitical conflicts in the Middle East.

Chairman Winters noted that, given the possibility of a prolonged crisis in the Middle East and uncertainties such as oil supply and demand fluctuations, it is a critical time for the government to conduct comprehensive reviews and responses. He expressed great interest in the Korean government's swift response system in recent times.

In response, Chairman Lee explained that the Korean government has activated a joint financial market monitoring system with relevant agencies concerning the Middle East situation and is conducting 24-hour monitoring. He also stated that a market stabilization program totaling "100 trillion won plus alpha" is being actively operated.

Chairman Winters assessed that Korea is one of the core countries for Standard Chartered Group’s global business, highly praising the robust growth and future potential of the Korean stock market. He said, "Standard Chartered Group will continue to maintain interest in and investment in the Korean market going forward."

At the meeting, Chairman Lee shared the government's ongoing financial policy directions, including the "productive financial grand transformation," and requested that Standard Chartered Bank Korea further expand its corporate finance support for domestic innovative companies.

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