[Korea sinyuncheol financial newspaper reporters] are also closely watching the impeachment financial results. Depending on the results, because all pipes receive private and influence. However, a temperature difference is present to both sides haptic. The financial authorities during the impeachment proceeding had difficulty wont unsin immune response to the US interest rate hikes in China and Saad conflicts and external threats. However, in the case of a private finance company rather less government interference was also suffering a paradoxical situation in which the positive effects occur.
◇ the government's influence weakened light and shadow
For 2017 it does not cover private and public financial institutions time to replace the CEO flocked there was concern about the parachute. Last year, the government returned the gratitude HR rumored to large commercial bankers nd degree of union opposition to the company statement. Informal influence of government was hard to eradicate, but elements that are detrimental to financial institutions whilst development. But the prophet government unsin width narrower political impeachment rather private financial companies became a controversial attacks away from the parachute. Private banking is an admission that the climate inside the former senior HR professionals rather than parachute to settle this opportunity to wish hope.
However, if this situation persists, private finance companies is expected adverse effects. Especially since China is difficult to let them go there it seemed to move in accordance with economic retaliation Saad controversial capabilities of individual businesses. In particular, exposure (exposure amount) on China South Korea company with nine domestic banks reportedly amounting to $ 19.1 billion as of the end of last year. The 170 billion ~ 180 billion US dollars is estimated to be of direct loans. Banks are not only stronger when the economic regulation of China's expansion companies' profitability could deteriorate risk management. The company is the entry count encountered a yijunggo. Which is a direct retaliation if the Lotte representative. The financial authorities are also concerned about this point. FSS official said, "In fact, banks are tightening lending plans to enter the map to make sure you have difficulty cut off the working capital of subsidiary companies such as Lotte China.
◇ after the Bank of Korea also check domestic economic and financial situation
10 days will be held in the Constitutional Court, according to the Bank of Korea governor Lee Ju-yeol impeachment afternoon chaired an emergency caucus determined. The meeting, attended by the vice governor and soldiers Tuesday, gimminho jeonseungcheol · · · acquaintance Yun Hyeong-jun Lim, executive and research director Hur Jin-ho buchongjaebo etc., etc. The main executive director of financial markets, financial stability director.
Position of the central bank, but check the position that regardless of the market situation and the results of the impeachment court seems hard is not receiving the impeachment impact on results.
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