The Korea Financial Services Agency (KFSA) celebrated its 10th anniversary by reflecting on its achievements and outlining a long-term vision to ensure financial rights for vulnerable populations.
On September 14, the KFSA held its anniversary ceremony at the Halla Hall in Seoul's Dragon City, themed "Realizing Finance that Saves Lives."
During the ceremony, the agency presented four strategic goals aimed at achieving financial rights: strengthening the financial safety net, enhancing financial resilience, innovating the financial system, and improving public trust while promoting sustainable management.
Additionally, the KFSA unveiled 12 initiatives focused on improving access to policy finance for low-income households, enhancing the effectiveness of tailored counseling and comprehensive support, and innovating low-income finance through artificial intelligence (AI) and data.
Kim Eun-kyung, head of the KFSA, stated, "This year marks a turning point for a new leap as we celebrate our 10th anniversary. We aim to be a reliable partner that provides tailored support to those facing financial difficulties, ensuring they achieve economic independence and are protected without any gaps."
Since its establishment on September 23, 2016, the KFSA has worked to support the economic independence of financially vulnerable groups and stabilize the lives of low-income households.
* This article has been translated by AI.
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