Wednesday, March 29, 2017

"I bought the house bitnaeseo" Best in the last four years, the household allowance funds



[Korea Selected financial newspaper reporters] last year, household allowance funds to increase lending for house purchase was affected by significantly reduced.

According to data 'funding cycle (provisional) during 2016, the Bank of Korea announced 29 days net liquid funds of households and non-profit organizations last year was counted as 70.516 trillion won.

Net liquid funds shall mean the amount net of financing, such as loans from financial institutions, households deposits, insurance, equity investment, including working capital.

Net funds last year, household management solution 23 dropped 728 billion won (25.2%) than in 2015. In particular, in 2012 (69.525 trillion won) since hit the lowest in four years.

Households financed the "financial debt to expand the center, the 143 trillion won to 14.3 trillion won increased more (11.1%) in 2015. Household working capital fell, bonds, equity securities, including reduction in central securities' in the 213.5 trillion won more than 9 trillion 500 billion won in 2015 (4.3%).

The Bank of Korea (BOK) 'to increase the purchase of new homes, including factors that households and non-profit organizations net funds were reduced in size compared to the previous year, it said.

Late last year, financial liabilities balances of households and non-profit organizations increased 142.7 trillion won the previous year 1,565,800,000,000,000 won.

Scale divided by financial assets of households and non-profit organizations with financial debt declined compared to the end of last year, 2.16 times the end of 2015 (2.24 times).

Net funding of non-financial corporations was significantly reduced in size compared to 986 billion won in 2015 (11.5 trillion won). The Bank of Korea (BOK) 'non-financial corporations were net funding scale is reduced to such debt reduction efforts continued in public "he said.

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