Home Business Koh Seung-beom “Includes early implementation of DSR regulations and 2nd financial sector management in household debt measures”

Koh Seung-beom “Includes early implementation of DSR regulations and 2nd financial sector management in household debt measures”

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picture explanationKoh Seung-beom, Chairman of the Financial Services Commission, responds

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Koh Seung-beom, chairman of the Financial Services Commission, said on the 21st, “The household debt measures to be announced next week include the issue of delaying the implementation of the DSR (Total Debt Principal Interest Repayment Ratio), the management of household debt in the second financial sector, and the strengthening of household debt quality management.”

Chairman Koh answered the question of Rep. Hong Seong-guk of the Democratic Party of Korea, which was ordered by the asset ‘bubble’ measure, during a comprehensive national audit of the Financial Services Commission held at the National Assembly Political Affairs Committee on the same day.

Chairman Koh also revealed in advance that “a method for financial companies to manage (household loans) on their own and plans to announce a plan to protect end-users.”

He said, “It is said that the rate of increase in household debt is second after Hong Kong, but in fact, we are the number one, the bubble probability index says that we are the second, and the house price increase rate is the third in the world. We will improve the system,” he said.

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