FSS, KB Kookmin Card, a single card, card loans adequacy test

[Korea before lower cervical financial newspaper reporter] FSS entered the KB Kookmin Card and a card status check card loans. US standards while card loans as interest rates, soaring household debt etc. emerge as a detonator went on to manage the financial authorities are analyzing.

According to the 15th day card industry, the Financial Supervisory Service has conducted an inspection to determine the cause and the adequacy of card loans, including loans soared KB Kookmin Card with one card.

Credit card companies have been increasing the last card loans, including loans to book profits in accordance with the conservation commission cuts.

According to the Financial Supervisory Service, the amount last year, credit card companies use cash and card loans were 97.9 trillion won to increase 3.5% YoY. Card loan balances in 2015 by 34.4 trillion won (31.7 trillion won) increased by 8.5% compared to. Cash decreased by 0.2%, while yiyongaek slightly to 59.3 trillion won yiyongaek card loans has increased 10% over two years ago to 38.6 trillion won.

In fact, this card loans and card loans while expanding revenue increased by 297.2 billion won. Following last year's low interest rates are jimyeonseo funding also lowered procurement costs are reduced rating received 144.9 billion won, and the benefits of low interest rates.

The industry expects this to lead this test is to check the other credit card companies.

This card loans delinquency rate is expected to surge as the delinquency rate is expected to rise to US interest rate hike.

According to the Korea Corporate Assessment Yoon Min Soo Principal Researcher 'a counterattack card loans, Will Achilles tendon of the issuer', last year the end of September, based on Shinhan Card and Samsung Card, KB Kookmin Card, Hyundai Card, Lotte Card, our cards, one card, etc. 7 of full-time personal card issuer assets it was composed of vulnerable borrowers and potential borrowers vulnerable to such proportion multiple debtors by 12% (9.4 trillion won), 17.9% (13.2 trillion won), respectively.

Yun researchers if 'vulnerable borrowers proportion will be the last year in late September by 30.6% higher on such a personal card asset quality configuration represents this degradation is accelerated supply further rise in interest rates or liquidity contraction Given the fact that in the year net 26.5% in 2013 credit card companies of health-related risks are judged likely to expand 'he said.

Yunjongmun Credit Finance Institute, said that "if the US interest rate hike is likely to increase the possibility of increasing loan delinquency rates are rising.



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