As the US carried out the Giant Step, domestic commercial banks had loan interest rates exceeding 7%. However, banks suddenly lowered the loan interest rates. It was not the natural movement of the market, but the pressure of the political and financial authorities.
Reporter Kim Ye-na reports.
last 16 days. The interest rate on mortgage loans at commercial banks has exceeded 7% for the first time in 13 years since the global financial crisis.
Mr. Kim / Loan user
“Isn’t the (interest burden) increased by 5-10%? As the loan interest rate rises, the (investment) profit is rather negative or not very…”
The gap between deposit and loan interest rates at commercial banks has widened the most in four years. Bok-hyeon Lee, the head of the Financial Supervisory Service, gathered the bank presidents and warned against ‘excessive profit-seeking’.
Bok-Hyun Lee / Director of the Financial Supervisory Service (20th)
“Banks need to calculate and operate interest rates according to more rational and transparent standards and procedures.”
President Yoon Seok-yeol also urged, “Do not increase the burden on financial consumers during a period of rising interest rates.”
Kwon Seong-dong / People’s Power Floor Leader (23rd)
“There have been continued criticisms of commercial banks for taking excessive profit due to the difference in interest rates on deposits and loans.”
Interest rates have stopped rising.
Woori Bank, which had the highest interest rate, fell to the 6% range by lowering the highest interest rate first, and other banks are also considering lowering the loan rate.
citycentral bank official
“I think it was because it was a little burdensome because it broke the 7% (interest rate) for the first time in several years.”
It seems that banks are voluntarily lowering interest rates under pressure from the political and financial authorities, but there are also stories in the financial world that the ‘new government finance era’ has arrived.
It is pointed out that it is not a good way for the government to reduce the loan-to-deposit margin by applying pressure.
This is TV Chosun Kim Yena.