Hello, I’m Lee In-Jae, Chairman of Local Finance Association(LOFA).
LOFA was established to contribute to fiscally sound management of local governments and development of local finance. It is the only non-profit corporation that provides public service to local governments in Korea. 

Based on the theories of local finance and administration and various field experience, we will continually innovate to meet changing environmental demands.

Pursuing a global initiative, LOFA is strengthening competitiveness in mutual aid business as our core function, as well as reliable asset management, advanced government accounting, local financial statistics, and outdoor advertising business. 

In particular, LOFA contributes to establishing sound local finance through feasibility study on local finance investment projects. 

Through operating metropolitan centers, we also actively support and communicate on-site with local governments.

With 60 years of tradition, LOFA will keep up efforts to get trust from local governments, based on the principle of mutual aid to help each other in times of need.

We will become a leading organization pursuing satisfaction of local communities and residents, by fulfilling social responsibilities as a non-profit corporation based on ESG(Environmental-Social-Governance) policy.

Thank you. 

Chairman

Local Finance Association