Is accepting the [financial newspapers around the lower cervical Korea News] ordered authorities not to finance the loan in fact, among the industry definition Savings Bank for more than 20% loan with high interest rate loans and high-interest savings bank raised the reserve Accumulation rate on the loan. In particular, household loans are profit-oriented savings bank is expected to be held less than a year running this year, loans have difficulties in profitability this year.
21 days, according to the financial authorities and the savings bank industry and financial regulations above the rate of 20% or more high-risk loans and loans to high-risk loans has raised an additional provision Accumulation rate to 50% from the current 20%. Fixed classified loans are typically earn a 20% allowance for doubtful accounts, but if they correspond to high-risk loans should dysentery 20% in loan-loss provisions. For example, the interest rate is half of the 15% of 10 million won loans was 20% at 200 million won is ₩ 2,000,000 Loan loss, but credited to the allowance for doubtful accounts interest rates in addition to 2 million won a 20% Accumulation rate if the loan to 22% of 10 million won to 100 Add to thereby earn a million. Additional provisions are implemented in the household debt level yieoteuna management plans implemented since the original January were ahead six months. And I thought provisioning time is faster than the industry confused.
A savings bank official said, turned abruptly ahead of the implementation period is difficult '' is bound to be a tricky loan examination, he said.
B Savings Bank official said that "a lot of talk in such provisions since the beginning of the year were many voices that should strengthen the enforcement before operating.
C Savings Bank officials also "this year is bound to reduce the loans' he said.
According to the Korea Federation of Savings Banks, Savings Banks industry overall household credit loans are loans and the average interest rate is 20%, except for family savings banks holding minority. Assets Top Ranked look at each savings bank SBI savings bank total loans average interest rate is 20.89%, OK Savings Bank 25.55%, HK Savings Bank 26.27%, Korea Investment Mutual Savings Bank 20.7%, JT Dear Savings Bank 21.93%, Wellcome Savings Bank 25.47 percent, OSB savings banks 27.2%, and 26.26% modern savings bank, savings bank collected 26.24 percent, 21.6% instead of the savings bank.
Last year, revenue and savings banks this year that household loans are high that an increase in the savings bank profits can only be towed revenue. According to the Financial Supervisory Service (FSS), savings banks last year, but net income increased loan loss provisions recorded a profit of 258 billion won and 632.1 billion won and beat them.
According to last year's third quarter, savings banks Quarterly Financial Statements Review Report, the savings bank household loans with high OK The second asset is 73.6% of total loans, savings banks Wellcome 72.57%, JT Dear Savings Bank 63.34%.
More than 20% of loans are concentrated in jeosinyongja. Less than 28% loan interest rate is more than 20% Welcome Savings Bank 84.46%, JT Dear savings banks
59.82%, OK Savings Bank is 84.89%. Once high-risk loans has attracted additional provisions are implemented jeosinyongja wear this industry would be running down the loan.
A savings bank official said, "If the loan is enhanced examination will naturally bound to increase not decrease even refused loans jeosinyongja loan approval.
However, losses grow, the burden is reversed again during normal repayment problems because he says eventually selected.
D Savings Bank official said, "Whether an individual company reserves the choice of the savings bank industry to return to profit bunched reversed later when you want even if you do not stack provisioning burden execute the loan.
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