The ruling party to the financial sector “It is the duty of the financial sector to support the Korean version of the New Deal and foster startups”
[아시아타임즈=유승열 기자] The ruling party asked the chairman of the five financial holding companies and the financial sector association to support the Korean version of the New Deal, foster startup support, and redistribute private funds. According to the financial sector on the 22nd, CEOs (CEOs) and members of the ruling party in the financial sector held a closed meeting on the theme of’K New Deal Support Plan’ at 10 am on the 22nd at 10 am at the Bank Federation Hall in Myeong-dong, Seoul. The meeting was attended by Yoon Jong-gyu, chairman of KB Finance, Cho Yong-byeong, chairman of Shinhan Finance, Son Tae-seung, chairman of Woori Finance, Kim Jeong-tae, chairman of Hana Finance, Son Byeong-hwan, chairman of NH Nonghyup Finance, Kim Kwang-soo, chairman of the Bank Federation, Jae-cheol Na, Chairman of Financial Investment Association, Chairman Chung Hee-su, Life Insurance Association President, Ji-won Jung, etc. Attended. On the ruling party side, Kwan-seok Yoon, chairman of the National Assembly’s political affairs committee, Kim Byeong-wook, secretary of the ruling party’s political affairs committee, and Hong Seong-guk, the Democratic Party’s Rep. On this day, Kim Jin-pyo, chairman of the National Economic Advisory Council, said, “If you look at the statistics of the Bank of Korea, 55% of all domestic loans are locked in real estate at the end of the third quarter of last year, which is undesirable.” We have to take the lead. “First, we have established policies to strengthen incentives and how to get more funds into funds such as the’Innovative Company 1000′ project and the K New Deal. On the other hand, if the real estate market is known to be more profitable, international investors “Because it can be focused on, appropriate guidelines should be set.” Chairman Kim emphasized that “the’K-Unicorn Fostering Strategy’ is not done by the National Assembly in the United States, but by financial institutions,” and emphasized that “financial institutions are better at risk assessment and investment than anyone else.” “I think it is urgent for Korean financial institutions to cultivate human resources that can analyze promising industries in the future and accurately evaluate leading companies around the world,” he said. “I hope that this will be considered when selecting new talents from financial institutions in the future.” In response, the chairmen of financial holdings agreed that it is necessary to be cautious about lending to office buildings, and explained that if necessary, they will strengthen risk management for real estate finance through the risk management system of financial companies. In addition, as the financial sector’s willingness to support the New Deal project is sufficient for the K-New Deal financial support plan, as the New Deal business gradually materializes in the future, it is expected that the K-New Deal will quickly create experiences that can be felt by combining with the active financial support of the financial sector . However, there was also an opinion that for more efficient financial support, more specific projects, such as the introduction of a pilot project at the government level, should be first decided. There was also an opinion that the government should bear some of the risks of the New Deal project to reduce the risk, and create an environment for more active investment of private funds through tax incentives and deregulation on equity capital. The chairmen of financial holdings also agreed with the need to expand in-house training by linking young employees of financial companies with educational institutions, as it is essential to cultivate specialized personnel in order for the financial sector to discover and support high-growth K-New Deal companies.