Park Jae-hyuk is a seasoned journalist who has provided comprehensive coverage of South Korea's corporate dynamics, economic policies, industry challenges and the global positioning of Korean companies. Based on the articles he has written since joining The Korea Times in 2016, his investigative approach has helped readers understand corporate governance, economic trends and business strategies shaping South Korea’s economy.
Banking groups support SMEs
Financial Services Commission (FSC) Chairman Eun Sung-soo, third from left, speaks during a meeting with heads of the nation's five largest banking groups at the Korea Federation of Banks headquarters in Seoul, Tuesday. They discussed additional loan maturity extensions for small businesses facing difficulties from the COVID-19 pandemic. From left are NongHyup Financial Group Chairman Son Byung-hwan, Shinhan Financial Group Chairman Cho Yong-byoung, Eun, KB Financial Group Chairman Yoon Jong-kyoo, Hana Financial Group Chairman Kim Jung-tai and Woori Financial Group Chairman Son Tae-seung. Courtesy of FSC
By Park Jae-hyuk