Arab Today, arab today korean finance minister criticises excessive riskaverse culture
Last Updated : GMT 16:55:22
Arab Today, arab today
Arab Today, arab today

Korean finance minister criticises excessive risk-averse culture

Arab Today, arab today

Arab Today, arab today Korean finance minister criticises excessive risk-averse culture

Finance minister Choi Kyung-hwan
Seoul - Yonhap

Finance Minister Choi Kyung-hwan on Thursday criticized the financial sector for its excessive risk-averse culture, saying that such self-protection may be dragging down the overall financial community.
"It is quite worrisome that the whole financial industry is shrinking with signs of money flows being almost clogged," Choi told financial industry leaders in Seoul.

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