Business · Companies · 1 hr ago
Gwangju Bank chief joins campaign against illegal lending
Jung Il-sun, head of Gwangju Bank, has joined a South Korean campaign against illegal lending.
He took part after being nominated by Toss Bank chief Lee Eun-mi, and Gwangju Bank employees joined him in raising awareness.
The campaign is run by the Korea Inclusive Finance Agency and began in July.
It aims to prevent harm from illegal lending and draw attention to people who have difficulty accessing financial services.
Jung said financial institutions need to keep working to protect consumers, and that Gwangju Bank would continue efforts to support local residents.
He named BC Card chief Kim Young-woo as the next participant in the campaign.
Gwangju Bank President Jung Il-seon joined a campaign to prevent harm from illegal private lending and protect financial consumers.
Jung took part after being nominated by Toss Bank CEO Lee Eun-mi.
He and Gwangju Bank employees promoted the importance of preventing harm from illegal lending and protecting consumers.
The campaign, organized by the Korea Inclusive Finance Agency, has run since July to prevent harm and raise awareness of financially vulnerable people.
Jung nominated BC Card CEO Kim Young-woo as the next participant.
- Who
- Gwangju Bank President Jung Il-seon, with bank employees.
- What
- He joined the “Finance That Saves Lives” campaign against illegal private lending.
- When
- October 12, 2026.
- Where
- Not stated.
- Why
- The campaign aims to prevent harm from illegal private lending and raise social awareness of financially vulnerable people.
This story does not have two clearly opposing sides.
Continued attention and a role from the financial sector are important to protect financial consumers from illegal private lending.
Gwangju Bank will carefully look after gaps in financial services and steadily practice inclusive finance as a dependable financial partner that local residents can rely on in difficult moments.
The Korea Inclusive Finance Agency began the “Finance That Saves Lives” campaign.
Jung Il-seon joined the campaign after being nominated by Toss Bank CEO Lee Eun-mi.
Jung nominated BC Card CEO Kim Young-woo as the next participant.
- Campaign organizer
- Korea Inclusive Finance Agency
- Campaign start
- July
- Gwangju Bank participant
- Jung Il-seon
- Previous nominator
- Toss Bank CEO Lee Eun-mi
- Next nominee
- BC Card CEO Kim Young-woo
Sources
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