Thursday, February 23, 2017

Lee Ju-yeol "will mitigate rising household debt."



[Korea financial newspaper choice is News] Lee Ju-yeol Governor of the Bank of Korea is the case of 'household debt in after 23 days freezing MPC base rate press conferences take government supervision authorities multilateral measures and may be deemed to be the future growth easing than to see the effect "he said.

Lee Ju-yeol governor general comment was that "natjiman quantitative poles household significantly increases when household repayment capacity conclusion, see the financial situation of households and the distribution of debt, debt, etc. are generally good with.

Thus the basis for the governor Lee Ju-yeol was a qualitative improvement in terms of holding 'first household structure. Fixed interest rate, repayment ratio is higher, '' household loans are relatively has reached an amount based on 65 percent look to a superior increase in borrower central and Credit 1-3 grade, high-income top 30% ',' Only households with financial liabilities have look, I heard that there is a financial asset exceeds the financial liabilities.

Lee Ju-yeol Governors 'recent Moody's, Fitch and other major credit rating agencies, the possibility of high quality, South Korea household debt when viewing the borrower distribution, qualitative restructuring efforts household debt of domestic financial institutions go financial system risk is limited reporting' he explained did.

But gyeonggyegam expressed about the household less vulnerable borrowers. Lee Ju-yeol governors' why we can not see light are reported to be worried about the debt of vulnerable borrowers this year For the market interest rate pressures increased, and higher uncertainty internal and external financial and economic 'said' income, jeosinyong, of multiple debtors It sees significant to-see about the debt burden 'he said.

Lee Ju-yeol governor understand that "got out Handing measures several household debt of the government, Some people had also evaluated that the lack of a single government positions In no choice but to take the macro-economy as a whole, measures considering the real estate market progresses, being made a step by step action If you seem to be "said" without going through the recent slowdown in household yisacheol are also factors to watch after the last seasonality "he said.

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