[Tea Time with Mr.Kim] Q&A about Household Debt Issue (2)

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Following the previous post about Mr. Kim’s Q&A session, this is the second one. I will just directly into the questions and answers without other say, assuming that it is what you are looking forward to reading.

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This is the end of Chairman Kim’s opinion on household debt issue. As you may recognize, the current size of household debt is expected to get over without financial injections by government. The most significant issue lies under the responsibility of debtor and creditor who are the principal agencies of the problem. We may look forward to FSC’s policy measures which achieve two ends. One is resolving the household debt issue itself, while the other is not ruining our market economy by providing unnecessary financial injections.

 

Regards,
Frank

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