Newsletter

Burning bank loan business… Increase expiry date and ease DSR

Source = Yonhap News As the balance of bank loans to households has declined for four consecutive months, banks are taking out ‘extension of maturity’ cards one after another. Following the launch of a 40-year home mortgage loan product, it appears to be lowering the loan threshold by extending the loan period, such as introducing […]

[GO-ESG] NH Nonghyup Bank to reduce its branch paperwork by 28 million

source = news [이코노믹리뷰=강민경 기자] NH Nonghyup Bank announced that it is planning to drastically reduce paper by electronic printing and non-face-to-face approval of closing documents, which used to be paper-based at branch offices, to practice ESG (Environmental, Social, Governance) management. Nonghyup Bank expects to reduce the amount of paper by about 28 million through […]

[오스템임플란트 파장] State-owned banks also stop selling funds

Following commercial banks, state-run banks stopped selling Osstem Implant-related funds, which had been suspended from stock trading due to an unprecedented embezzlement case worth 180 billion won in history. source = news [이코노믹리뷰=강민경 기자] Following Korea’s five major commercial banks and securities firms, state-run banks also stopped selling funds incorporating Osstem Implant. The aftermath of […]

NH Nonghyup Non-Life Insurance, Choi Moon-seop inaugurated as new CEO

(Photo courtesy of NH Nonghyup Insurance) [이코노믹리뷰=신영욱 기자] NH Nonghyup Non-Life Insurance announced on the 30th that it held the inauguration ceremony of the new CEO Moon-seop Choi on the 29th. CEO Choi joined the Nonghyup Federation in 1991 and served as the branch manager of the Yeongdeok-gun branch of the Nonghyup Bank, the head […]

Nonghyup Bank to reduce preferential interest rates on credit loans from today

Loan advertisement posted on NH Nonghyup Bank in Seoul. [사진=뉴시스] Nonghyup Bank has started reducing preferential interest rates for major credit loan products. On the 1st, Nonghyup Bank announced on the 1st that it would reduce the preferential interest rates of ‘NH Employee Loan V’, ‘All One Employee Loan’ and ‘All One Minus Loan’, as […]

It is desirable to breathe in Jeonse funds despite the suppression of household loans

Koh Seung-beom, chairman of the Financial Services Commission, delivers a congratulatory speech at the opening ceremony of the investor education platform ‘R2Plus’ held at the Financial Investment Association in Yeouido, Seoul on the 14th. Koh Seung-beom, chairman of the Financial Services Commission, said on the 14th that in relation to the jeonse loan crisis, “we […]

Suspension of loans and interest rate hikes did not work… Bank household loans reached ‘5%’ in September

5 major commercial banks September increase rate ‘4.88%’ Close to the financial authorities’ target of ‘5-6%’In September, despite various management measures, ‘spiking’ With interest in whether the Financial Services Commission’s additional measures for household loans to be announced this month will include measures to regulate cheonsei loans, on the afternoon of the 28th of last […]