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Financial Supervisory Service (FSS) Governor Lee Bok-hyun, front row fifth from right, poses with CEOs of 17 commercial banks at the Korea Federation of Banks in central Seoul, Wednesday. Lee asked the CEOs to take preemptive measures to cope with the erosion of household wealth due to high interest rates and soaring household debts. He specifically addressed borrowers' demands to lower the loan rate and delay repayments. Yonhap |
1![]() | Guide to Chuseok celebrations across Korea |