Community Credit Group Loan discontinued from 10th

Suspend [financial newspapers around the lower cervical Korea News] front of a group of community credit loans today. To strengthen lending regulations inhibit Moline loan demand in the non-banking sector and the financial authorities to manage the total amount of the loan is considered authentic spiral.

According to the 10th financial sector, Korea Federation of Community Credit has decided to send a new group of loans to the community credit union official and suspend collective loan deal. Given the difficulties of ordinary people yijubi charter fund loan plans do not stop. Yijubi is achieved at a cost and charter capital to be provided to the Director of Reconstruction combination. Reconstruction and redevelopment projects in progress, such as when you do not yijubi loan is also determined considering that difficult.

Korea Federation of Community Credit officials' except where the earlier loan commitments in lending is prohibited '' has continued to reduce the group loans since the end of last year, "said he said.

Group loans are loans that are collectively approved to target a specific group of borrowers with certain qualifications. Typically, the loan is executed subject to a condominium and reconstruction or redevelopment apartment tenants and prospective tenants. Interim, yijubi, the loan balance gajida 3.

Remind the judge that the case came to the collective Community Credit Loans ban household loan growth compared to the other financial needs Palazzo risk management. It seems that the government accelerate the total amount of household debt management.

According to the financial sector, the first quarter of this year Community Credit Increase household loans has increased about two times higher than the 1.2 trillion won YoY to 2.5 trillion won. In the first quarter of 9.9 trillion won last year to strengthen the banking sector loans decreased household lending regulations rather than 3 trillion won 6 trillion won this year's first quarter.

The government has strengthened the community credit lending standards by one from last year.

October last year, the Ministry of Government Administration and Home Affairs and the Korea Federation of Community Credit has provided a comprehensive management measures for household loans stable national community credit management. Powered mortgage borrower repayment capacity assessment and strengthening security assessment method, LTV, etc. Check the unit safe situation for non mortgage loans it has lead to amortization. This was to lead to a credit check and thoroughly prevent the possibility of insolvency in advance to determine whether the loan deal out the case of a group loan borrowers annual income proof.

The community credit allowance from May gotta enhanced earning 20% ​​based on the additional provisioning rate is raised to 30%. The second half of this year, there will be also self-employed loan risk management measures. Overcrowded sector raised the lending rate and the real estate leasing sector lending is expected to be a mandatory amortization.



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