Representing financial authorities, 15 savings banks, called "Reduce Household loans"

[Korea before lower cervical financial newspaper reporter] financial authorities demanded to convene a representative household loans reduced 15 savings banks. US interest rates, household debt is soaring, including the look and feel you want to manage savings bank household loans total. Accordingly, the industry is expected to worsen this year, savings banks operating environments.

According to the financial authorities and financial industry in 16 days, ordered in the last 13 days, 16 days financial authorities executed this year, household debt load suppression to Top 15 savings banks bankers. Financial Services Commission has ordered me to maintain last year's level of household debt reportedly requested that the FSS line than last year.

Savings bank industry official said, "and demanded that the authorities give the Household loans from financial 'said' in the context of the administrative authorities in household loans household loans will be difficult to increase the industry today."

Financial authorities are closely watching the savings bank household loans. OK FSS embarked on savings banks, savings banks welcome identify household loans surged into household loans. FSS is a policy commitment to continue to examine the savings bank household loans surged target.

The financial authorities are loans related to the US rate hike is focusing on judgment and risk management to be a detonator Korea's economy.

Jeongeunbo Finance Committee vice chairman emphasized that 16 days "FSC, FSS joint meeting Risk Check 'from the' have increased steeply 2 The financial center will continue to household loans more thoroughly the two banking site inspections and risk management.

The savings bank industry is expected to be this year's business environment, the financial authorities in household loans okjoegi difficult. In particular, the additional loan loss outlook does increase, while household loans are easy financial authorities are requested to earn for high-risk loans.

Savings bank industry official said, "There is growing pressure on the monetary authorities, including additional allowances and earn high interest rates on loans will be difficult to increase the household debt this year.

Another savings bank industry officials' interest rate rises also South Korea to the US rate hike lending rates rise and the more likely increase delinquencies "he said.

Savings bank industry officials "are gradually reducing the uncertainty in household loan growth, he said.

Savings banks, while interest income was actually higher than the allowance for doubtful achieve last year's record-high earnings.

Last year, 79 savings banks, net profit grew 34.6% YoY to 862.2 billion won. The 40.5% increase in loan loss provisions, while achieving record 3.1267 trillion won to 895.2 billion won, but the increase in interest income was 25.3% higher than this.

Savings bank industry official said, "will increase the loan is reduced execution of self-examination becomes tighter lending declined, saying" the customer is rejected naemolril illegal market.



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