Financial Supervisory Service Governor Lee Chan-jin said the agency will closely manage household debt risks to ease the concentration of funds into real estate. He also set out a plan to support savings banks and mutual finance institutions so they can fully perform their roles as community and low-income financial institutions.

The Commissioner stated accordingly in remarks at the 2026 Financial Supervision Advisory Committee held at the Bankers Association building in Seoul on the 15th. The Financial Supervision Advisory Committee is an advisory body composed of 92 members, including consumer-related commissioners, academia and research institutes, and financial industry officials, and was launched in Feb. 2012 to discuss financial market development and supervisory direction.

Lee Chan-jin, governor of the Financial Supervisory Service, delivers remarks at a signing ceremony for a partnership to train and strengthen the capabilities of outside directors at the Bankers Association building in Jung-gu, Seoul, on the morning of the 28th last month./Courtesy of News1

The Commissioner said, "In a situation where internal and external uncertainties such as the Middle East situation persist, we will do our best to support productive finance and inclusive finance while ensuring financial market stability and protecting financial consumers."

He added, "We will closely manage risk factors such as household debt and real estate project financing (PF) and ease the concentration of funds into real estate, while guiding financial companies to supply sufficient funds to productive sectors through measures such as improving capital regulations."

He also said, "We will encourage the establishment of an inclusive finance culture in the banking sector and support savings banks and mutual finance institutions so they can faithfully perform their roles as community and low-income financial institutions," adding, "We will create conditions for the social safety net function of finance for low-income and vulnerable groups to operate smoothly."

At the meeting, Kim Uk-bae, deputy governor for consumer protection at the Financial Supervisory Service (FSS), presented plans to strengthen supervision across the life cycle of financial products, and Lee Seung-woo, deputy governor for disclosures and investigations, outlined the direction of capital market supervision.

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