Household Loan 'Shutdown' Begins... 3 Out of 5 Major Banks Exceed Annual Targets
3 Articles
3 Articles
Three of the Five Major Banks Exceed Household Loan Management Targets; Banking Sector Intensifies Lending Tightening. It has been revealed that three of the five major commercial banks—KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup—have already exceeded the household loan growth targets for this year submitted to financial authorities. If these banks that have surpassed their targets successively raise lending thresholds...
Hana Bank suspends applications for agent loans until September… Possibility of KB’s 'drastic measure' spreading. Credit loans continue to surge due to 'debt-fueled investment'… Demand deposits plummet by largest margin in over six years. Reporters Han Ji-hoon, Im Ji-woo, and Lee Do-heun = Major commercial banks have virtually suspended new household loan operations.
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