Savings Day was established in 1964 to raise awareness of saving and to raise capital needed to achieve the 1st economic development plan. It is a national memorial day which has been celebrated for half a century.
No one can deny the fact that it was the Korean people’s saving spirit that transformed our nation into the 10th largest economic powerhouse from one of the poorest nations in the world.
Despite savings is becoming even more important nowadays, unfortunately, Korea ranks below among OECD nations in terms of savings ratio.
Given such fact, this year’s Savings Day is even more appropriate and timely in a sense that the government once again raised people’s awareness on savings to revive another savings boom of the past.
Various figures from the financial industry, awardees, and celebrities joined the event which took place at Sejong Hall, Sejong Center.