Mortgage Spreads at Top 5 Banks Soar... "Impact of Household Loan Suppression"

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It has been found that major commercial banks are maintaining high spreads as they tighten management of the total volume of household loans. According to the Korea Federation of Banks on the 17th, the average spread on installment-based mortgage loans newly originated by the five major banks (KB Kookmin, Shinhan, Woori, Hana, and NH Nonghyup) in June was 3.27%, an increase of 0.04 percentage points (p) from the previous month (3.23%). This is t…

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Han Ji-hoon = It has been revealed that major commercial banks are maintaining high spreads as they strengthen management of the total volume of household loans.