On December 2, Lee Eogwon, Chairman of the Financial Services Commission, met with Joachim Nagel, President of the Deutsche Bundesbank, at the Seoul Government Complex, according to an announcement made on December 2.
Chairman Lee and President Nagel exchanged views on the uncertainty of major countries’ monetary policies, international discussions regarding stablecoins, and the role of the financial sector in supporting the real economy.
On this day, Chairman Lee emphasized, “The Korean government is closely monitoring the impact of global uncertainty on the financial market through meetings such as the market situation review, and is continuously pursuing various policy efforts to ensure the stable management of macroprudential risk factors such as household debt and real estate project financing.”
He also stated, “Korea and Germany are important partner countries, with many financial companies operating in both markets. I ask for continued interest in and support for Korean financial companies, especially following the recent opening of the Korea Development Bank’s Frankfurt branch.”
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