Monday, April 3, 2017

440 billion won reduction Shinhan Bank, statute of limitations waiver special bond



[Sinyuncheol financial newspaper reporter Korea] that Shinhan Bank Financial Consumer Protection and the common people and the special bond reduction 440 billion won waived statute of limitations for the normalization of the financial transactions vulnerable announced two days.

The banks 'waiver statute of limitations special bond' recovery likely did not have to extend the statute of limitations, but the advent of the statute of limitations for separate management to classify the amortization process a loan as 'special bond' is a special bond.

Shinhan Bank has decided to bulk reduction of the special bonds with accrued interest, special statute of limitations waiver 440 billion won debt in full, including long-overdue receivables of the hierarchy need social care (basic livelihood beneficiaries, the disabled and the elderly).

This special bond when the reduction target customers are individuals (including sole proprietors) Debtors 19,424 people, and cuts two weeks of the registration process is complete, the customer will be terminated, such as account stop payment, overdue information, the legal process can be a normal financial transaction again do.

Shinhan Bank is expected to provide a home 內 lookup service to your debtors can directly inquire whether the special bond reduction abandon aging in order to strengthen the 'debtor's right to know. "

Shinhan Bank, said, "This will be a special debt relief is expected to contribute to the normalization of financial transactions and economic activities of the target customers," said, "I will strive to practice the" warm finance "the mission of the Shinhan Financial Group in the future," he said



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