Six financial institutions, including the Korea Federation of Banks, held the 2023 Pan-Financial New Year's Greeting at the Crystal Ballroom of Lotte Hotel in Sogong-dong, Seoul on Jan. 3.
This year's pan-financial New Year's greeting is a more meaningful event in that it has resumed events that have not been held for the past two years due to COVID-19.
About 400 people attended the New Year's greeting, including representatives of financial companies, government officials, lawmakers, journalists and representatives of financial-related organizations.
Participants greeted each other after hearing New Year's speeches from the heads of major institutions, including Deputy Prime Minister and Finance Minister Choo Kyung-ho, Financial Services Commission Chairman Kim Joo-hyun, Bank of Korea Governor Lee Chang-yong and Financial Supervisory Service Governor Lee Bok-hyun.
Deputy Prime Minister and Minister of Strategy and Finance Choo Kyung-ho thanked the financial sector for its role in embracing the vulnerable and supporting the financial market in the face of the complex crisis in his New Year address, but said, "As the crisis is still underway, finance is desperately needed to overcome and leap forward."
He then stressed, "Please play the role of active and inclusive finance to prevent difficulties for ordinary people and small and medium-sized companies from increasing interest rates, and do your job as an economic vein through smooth funding to the real economy."