IP & Art

In the overseas expansion of finance, organic linkage with other industries should be considered. A typical example is the overseas expansion of automobile finance linked to automobile exports. This is because, at least, the automobile finance sector, which supports the purchase of automobiles exported by domestic companies, will have relatively little risk. It is desirable to expand the scope of financial activities by building a database through these cases and broadening experience in overseas financial markets.

In particular, mobile banking through fintech is expected to relatively reduce risks because it is done online, even if the experience of overseas financial markets is insufficient. Above all, the paradigm of financial policy must be drastically changed and all policies must be carried out autonomously and market-friendly. And for this purpose, attention and support at the pan-government level seems to be an urgent task.