FSC chief urges banking group heads to strengthen household debt control
Aug 10, 2021
Financial Services Commission Chairman Eun Sung-soo on Tuesday called on the heads of five major banking groups here to ramp up efforts to curb snowballing household debt. “A steep increase in household debt was inevitable for the real economy to minimize the economic fallout from the COVID-19 pandemic, but the growth pace of household debt has been too rapid, raising calls for tighter household...