The Looming Crisis: Delinquency Rates in the Financial Sector on the Rise
Second Financial Sector Faces Rising Delinquency Rates, Sparking Concerns of a September Crisis The delinquency rate in the financial sector has seen a significant increase in the past six months, leading to rumors of a potential crisis in the second financial sector. Despite the efforts of financial authorities, the looming end of Corona 19 loan […]
Saemaul Geumgo Chairman Faces Arrest for Bribery Charges
Park Cha-hoon, the chairman of the Saemaul Geumgo Central Committee, finds himself in troubled waters once again, just a month after the bank run. Facing allegations of bribery, Park Cha-hoon’s future hangs in the balance as Chief Judge Shin Hyun-il of the Seoul Eastern District Court prepares to interrogate him and determine whether an arrest […]
Saemaul Geumgo Donates 500 Million Won to Support Rain-Affected Areas
Saemaul Geumgo, a financial institution, announced on the 20th that it has donated 500 million won to the National Disaster Relief Association. The donation aims to support the recovery efforts in areas impacted by heavy rain. Starting from the 17th of this month, 1282 Credit Saemaul Co-operative Organizations and the Saemaul Credit Co-operative Federation actively […]
Saemaul Geumgo Sells 4 Trillion Won Worth of Bonds in One Week to Meet Deposit Demand
Saemaul Geumgo, a financial institution, reportedly sold 1 trillion won worth of bonds in response to increased demand for customer deposits. This comes after last week’s sale of approximately 3 trillion won in bonds, bringing the total sales within a week to 4 trillion won. Despite concerns, the bond market remained relatively stable as organizations […]
The First Decrease in Withdrawals in Saemaul Geumgo Bank Run Signals Potential Resolution
The Bank Run Situation Shows Signs of Improvement The Saemaul Geumgo bank run, characterized by a large-scale capital exodus, has reached a critical point. In response, the government is actively working to resolve the crisis and recent data suggests that the outflow of capital has started to decrease. Withdrawals from Saemaul Geumgo Begin to Decline […]
Saemaul Geumgo recovered deposit balance growth from May
Photo = Ajou Economy DB Saemaul Geumgo announced on the 3rd that it “recovered the upward trend from May” regarding the recent withdrawal of the deposit balance. Saemaul Geumgo explained, “As existing high-interest products matured, the balance of safe deposits temporarily decreased in March and April, but recovered from May.” The balance of deposits at […]
Saemaul Geumgo in Yangsan district suffered damage due to the suspension of Dain Construction… “Not related”
Saemaeul Geumgo, located in Gachon-ri, Mulgeum-eup, Yangsan, Gyeongsangnam-do, is suffering from a misunderstanding that he is involved in stopping the construction work by Dain Construction, a construction company in Daegu. Moogeumsaemaeul Geumgo announced on the 5th that he was recently involved in the conflict between Dine Construction’s ‘Royal Palace’ water supply loan as a lender […]
‘Female worker cooking and washing clothes’ Saemaul Geumgo, sexual harassment and discrimination, and even delayed payment of wages…
As a result of the special labor supervision of the Ministry of Employment and Labour, a number of cases of breaches of the Labor Relations Act were confirmed as a result of the special labor supervision of the Ministry of Employment and Labor in connection with the MBC’s report that sexist abuse had occurred during […]
“I worked overtime because I was folding the wedding invitations for the president’s children” … Saemaul Geumgo The debate continues
“I worked overtime because I was folding the wedding invitations for the president’s children” … Saemaul Geumgo The debate continues Enter 2022-09-18 16:50 | Edit 2022-09-18 16:50 Bookmarked that article. Facebook Tweet Kakao Story Kakao chat a band Copy link Copy text close the layer
Saemaul Geumgo supplies monetary aid of KRW 50 billion to hurricane victims
Saemaul Geumgo. Supply = Saemaul Geumgo Federation Saemaul Geumgo introduced on the 7th that it will deliver economic assistance and defer payment of deductions to buyers influenced by the 11th typhoon ‘Hinnamno’. Saemaul Geumgo strategies to deliver economical help by way of crisis fund financial loans, deferred repayment, and favorable interest rates by determining clients […]
