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Financial Supervisory Service Unveils New '1 Company 1 School Financial Education Jump-Up' Program

2024 '1 Company 1 School Financial Education'
Best Practices Awards Ceremony Held

Financial Supervisory Service Unveils New '1 Company 1 School Financial Education Jump-Up' Program

On the 26th, the Financial Supervisory Service (FSS) announced the revamped '1 Company 1 School Financial Education Jump-up' program, designed to address the limitations of the existing '1 Company 1 School Financial Education' initiative.


The FSS has been implementing the '1 Company 1 School Financial Education' program since 2015; however, the rate of education delivery has declined following the COVID-19 pandemic. As of the end of last year, the partnership rate between schools and financial companies stood at 75.2%. Nevertheless, the education implementation rate after COVID-19 is only about 35.4%.


The newly revamped 'Jump-up' program aims to revitalize financial education in local areas, expand customized programs, and strengthen communication between partnership entities.


Additionally, the FSS, in collaboration with six financial associations, held the 2024 '1 Company 1 School Financial Education' Best Practices Awards ceremony. Among the partnered financial companies, those that actively conducted education at schools located in provincial areas and offered various experiential programs with high student participation were selected for excellence in education participation and implementation rates.


The FSS stated, "We will expand customized financial education programs that have received high participation and satisfaction from students, and we will make our best efforts to jump up the financial education implementation rate by strengthening collaboration and communication with local education offices and regional financial companies."


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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