Friday, March 24, 2017

The Bank of Korea, household savings banks to modify loan statistics



[South Korea's Choice Financial News Reporter] The Bank of Korea said last nine days for further action to modify Savings Bank excessive household loans accounted for statistics.

The Bank of Korea 24 days' mutual savings bank household loans modified statistical information "data through" to the end of January, the balance of the mutual savings bank household loans 18.7 trillion won, compared to the previous month was revised to 500 billion won increase and decrease, he said.

Modifications are day 14:00 Main Bank of Korea Economic Statistics System (ECOS) and financial market trends were reflected in press releases, etc. See table.

The Bank of Korea is explained, the results of checks related statistics revealed that include some funds in January youngriseong results do not meet the statistical criteria based on the Bank of Korea said Jim exclude them.

The Bank of Korea announced that 977.5 billion won in the last nine days in January compared to the previous month the growth rate of household loans, mutual savings banks, the real added value of 508.3 billion won naemyeo modify the materials found statistical errors and bustle.

Savings Bank Federation of the confusion occurred in the course of delivery, including some new household loans were classified into profit last year to January this year is explained. The Bank of Korea accounted for over-the savings banks in January Increase in household debt than the actual carelessness.

The Bank of Korea is ahead of the last 14 days one bar with respect to savings bank household loans statistical error accidents shuffled munchaekseong personnel actions for staff and supervisor.

This time the statistics have not been retouching (460.7 billion won increase and decrease) the description rea finally corrected results are reflected in the individual inspection results after the announcement of the initial statistics, timeliness dimension.

Jeonggyuil Bank of Korea Economic Statistics Director "ubiquity, pure and household funds based on official statistics as representing the full scale household credit as long as the household statistics" on the relevant briefing said.

Doors statuettes financial statistics team leader also said that "based on demanding long as wished to exclude the youngriseong money is the same is' said 'just may be your report difficulties statistical agency guidance, plans to expand the business trip contact frequency with the team training' .

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