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FSC to draw up measures for shipbuilding, shipping-related firms
By Korea HeraldPublished : June 23, 2016 - 17:40
[THE INVESTOR] The Financial Services Commission will announce measures to support shipping- and shipbuilding-related industries in August.
The top financial regulator said that vice chairman Jeong Eun-bo held a meeting with industry representatives in Busan on June 23, and the government is reviewing measures to support the concerned industries.
“(The government) is reviewing diverse measures to relieve financial difficulties of the companies linked to the industries undergoing restructuring,” Jeong said.
The FSC and other concerned government organizations are working on a comprehensive support plan.
Measures under review include extending the deadline on loans, and providing additional loans through Korea Technology Finance Corporation and other state-run financial institutions.
By Choi He-suk (cheesuk@heraldcorp.com)
The top financial regulator said that vice chairman Jeong Eun-bo held a meeting with industry representatives in Busan on June 23, and the government is reviewing measures to support the concerned industries.
“(The government) is reviewing diverse measures to relieve financial difficulties of the companies linked to the industries undergoing restructuring,” Jeong said.
The FSC and other concerned government organizations are working on a comprehensive support plan.
Measures under review include extending the deadline on loans, and providing additional loans through Korea Technology Finance Corporation and other state-run financial institutions.
By Choi He-suk (cheesuk@heraldcorp.com)
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Articles by Korea Herald
