KHFC committed to becoming nation’s top housing finance institution for the working class
- Date 2010-03-02
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- Lim lays out plans during KHFC’s sixth anniversary celebration on
March 2, 2010 -
The Korea Housing Finance Corporation (KHFC, CEO Joo-jae Lim)
reaffirmed its commitment to become a financial partner for life for the
low-income working class.
“This year, our ambitious goal is to achieve 8 trillion won in
Bogeumjari loans, 10 trillion won in issuance of asset-backed securities, and
10 trillion won in housing credit guarantees,” said Lim in a speech delivered
at KHFC’s sixth anniversary celebration on Tuesday. “With renewed drive and
enthusiasm, we, both the management and staff, must commit ourselves to
strengthening our corporation’s position, and act now to establish a foundation
for sustainable, independent long-term growth.”
“If the first six years of our existence paved the way to
educating the public about our goals in the 21st century, the next
few years will take a different direction,” said Lim. “We should continue to
focus on realizing our corporation’s four key values, which are customer
orientation, competence first, fair business management, and leadership in
change. We should all work to turn KHFC into the nation’s top public financial
institution, one that is appreciated and trusted by the public.”
Since it was established six years ago, KHFC has extended 22.7
trillion won in Bogeumjari loans to 270,000 households, 34 trillion won in
housing credit guarantees to 131,000 households, 3.2 trillion won in JTYK
reverse mortage loans to 2,300 households, and issued 29.8 trillion won in MBS
and other asset-backed securities.