Jung Seong-woong, president of the Korea Lending Finance Association, has joined the "Financial Relay Campaign to Save Lives," aimed at preventing damage from illegal lending and protecting vulnerable financial groups.
The Korea Lending Finance Association announced on August 20 that Jung participated in the campaign organized by the Korea Financial Services Agency. This initiative seeks to protect citizens suffering from illegal lending and to spread the value and commitment of "life-saving finance" throughout society. Jung was invited to participate by Oh Hwa-gyeong, president of the Korea Savings Bank Association.
Jung stated, "Just as children need a safe playground to avoid accidents while playing on the street, a vibrant lending market, where vulnerable financial groups can seek help without fear, will naturally eliminate illegal lending in the shadows."
He added, "I will take the lead in ensuring that lending becomes a warm and welcoming financial playground, practicing 'life-saving finance' that people can trust and rely on."
The Lending Finance Association plans to continue its efforts to prevent and eradicate illegal lending while strengthening its social responsibility to protect vulnerable financial groups. Jung has identified Lee Dong-cheol, president of the Korea Credit Finance Association, and Yoon Young-deok, president of the Korea Credit Information Association, as the next participants in the campaign.
* This article has been translated by AI.
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