During the period of interest rate hike, it has been pointed out that banks raise the loan interest rate much higher than the deposit rate, making it easier to earn money with interest.
When the Financial Supervisory Service issued a warning letter saying it was excessive profit-seeking, major commercial banks started considering lowering the loan interest rate.
Reporter Kang Hee-kyung reports.
A central criticism of banks during each interest rate hike period is that the interest income earned from the difference between the deposit rate and the loan rate is excessive.
When the base interest rate rises, the loan interest rate rises significantly, while the deposit rate rises slightly, making it easier to make money with ‘deposit-to-loan margin’.
[황세운 / 자본시장연구원 선임연구위원 : 금리 상승기에는 신용위험에 대한 우려가 증가할 수밖에 없거든요. 이런 부분들에 대한 고려가 이뤄지기 때문에 예금금리 상승 폭보다 대출금리 상승 폭이 일반적으로 훨씬 더 큰….]
The difference in the actual loan-to-deposit interest rate continues to widen.
Based on the balance, it expanded for nine consecutive months until April, the largest in three years and ten months since June 2018.
The amount of interest income earned by domestic banks in the first quarter also reached 12.6 trillion won, up 16% from the same period last year.
In the end, the financial authorities summoned the bank heads and issued a warning letter.
This is because, in a situation where the base interest rate is expected to rise one after another, the interest burden will inevitably increase, centering on the vulnerable.
[이복현 / 금융감독원장 : 은행들은 금리를 보다 합리적이고 투명한 기준과 절차에 따라 산정·운영할 필요가 있습니다.]
In effect, it is an order to reduce the loan-to-deposit margin.
Banks responded immediately.
K-Bank, an internet bank, lowered the interest rate on jeonse loans by up to 0.41 percentage points, and NH Nonghyup Bank increased the preferential interest rate on deposit loans by 0.1 percentage points.
The four major commercial banks also entered into an internal review.
[A 시중은행 관계자 : 아직 구체적으로 정해진 바는 없으나 금융 소비자의 부담 완화를 위한 조치를 검토 중입니다.]
Another official expressed the atmosphere that he knew that banks were forming a consensus on a similar purpose regarding interest rate cuts.
However, there is talk that there is no room for further lowering of the loan interest rate, but there is no choice but to respond to the demands of the financial authorities to some extent.
This is YTN Kang Hee-kyung.
YTN Kang Hee-kyung (email@example.com)
※ ‘Your report becomes news’
[카카오톡] Search YTN to add a channel
[저작권자(c) YTN 무단전재 및 재배포 금지]