Showing posts with label Household. Show all posts
Showing posts with label Household. Show all posts

Tuesday, February 28, 2017

The Bank of Korea "monetary easing household debt continued watching ..."



[South Korea's Choice Financial News Reporter] The Bank of Korea said it is 28 days, will continue the monetary policy easing.

The last 15 days the National Assembly limping after again Wednesday morning opened the 349 times Congress (extraordinary session) Strategy and Finance Committee plenary session on the work status report The Bank of Korea monetary policy normalization trend of 'internal and uncertainties and the impact of other circumstances, the US Federal Reserve (Fed), I will carefully check the rising household debt, etc. "he said.

The last 23 days the Bank of Korea Monetary Policy Committee froze the key interest rate to 1.25% per annum. This base rate is maintained after the cut-point to 0.25% in June last year, 8 months.

Consumer prices are forecasted as "agricultural price inflation, but is gonna slow down, the effects of petroleum (including natural gas) prices expected for the time being, etc. represent the same level as currently. Oil prices had "for the time being expected to fluctuate at about $ 50 a barrel.

The Bank of Korea plans "continue to have significant operations in financial stability, but access to medium-term inflation target (2%). Conducted a 'one government bond purchases, monetary stabilization securities market stabilization measures, such as reduced response to market interest rates soared, and plans to "after the US presidential election deal with the financial markets volatility.

Household loans' last year after December housing transaction volume decreased loan interest rates rise, narrowing increment in risk management and strengthening of the bank "but reports that" just non-bank household loans continued to rise above the usual level, and keep an eye doendamyeo .

According to the Bank of Korea household credit balance at end-2016 surged 141.2 trillion won (11.7%) than the end of 2015 to 1344 3000 1 trillion won (1203 1000 1 trillion won). The household credit balance exceeded 1,300 trillion won for the first time since 2002, the Bank of Korea started to come up in household credit statistics.

In the case of corporate loans dwaetgo 'market slowdown, the slowdown in credit growth, etc. gyeonggyegam of the corporate restructuring "it was assessed that" just increased this year in January, equivalent to the width of seasonal factors.

In particular, it makes an effort to strengthen research sector. The Bank of Korea is in progress, such as "protectionist effect reinforced on our export analysis" is, of course, we as a mid- to long-term challenges of the economy, demographic impacts and policy challenges of aging ',' improving labor market structure, domestic demand-based expansion of research ' and. Major central banks, international organizations, the Bank of Korea conducted under the joint research, including 'cross-border spillover effects of monetary policy effects through the financial sector.

In addition to '' coins free society 'pilot projects carried out', 'bank specializing in the provision of Internet payment system participation support' such as payment systems also improve efficiency. This year reconstruction and renovation of the Bank of Korea headquarters building is also promoted to the first half of 2020 from the second half of the year.

Meanwhile, the Bank of Korea Monetary Policy Committee meeting will be reorganized this year. Based on the monthly interest rate decision meeting decided monetary policy direction is reduced 8 circuit open, macro-financial stability, the situation in check meeting will be held four times a year.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Monday, February 27, 2017

Moody's "increased household debt, negative credit ratings on Korea"



[Korea Jeongseon financial newspaper reporters - International credit rating agency Moody's said that 27 days' growth while South Korea's household debt is negative for sovereign credit.

Moody's, the downside risks to the growth in consumption and increase vulnerability to soaring household debt has reduced incomes and rising interest rates, the day view from your credit report, he said.

Moody's has analyzed that "Korea's household debt is rising while dwaetjiman mortgage loans increased and accelerated after 2014, there was no corresponding rise in the value of assets.

Following Moody's explained that "60% of mortgages are variable rate loans then there are exposed to interest rate risk.

Before July 21, Moody's sovereign credit rating of Korea to 'Aa2', rating outlook is reaffirmed in the bar 'stable'.

Meanwhile, according to the Bank of Korea, the end of last year, household credit balances surged 141.2 trillion won (11.7%) than in 1344 tighten the end of 2015 300 billion won (1203 1000 1 trillion won). This amounts to 83% of gross domestic product (GDP).

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Sunday, February 26, 2017

LG Household & Health Care secure VDL, age-specific customer base ... Muse picked a new 3



[Korea gimeunji financial newspaper reporter] LG VDL life and health were chosen Chae Jung-an actor Chun Woo-Hee, Han Seung-yeon 3 selreop a new beauty. This is a strategy to secure a wider audience.

VDL is apsewoogo actor actress Chae Jung-an, Chun Woo-Hee, Han Seung-yeon counted as a wannabe who recently finished 20-40 in selreop beauty advertising shot of a flagship product "Metal Expert VDL foundation cushion.

VDL Expert metal cushion Foundation is represented by a smooth skin and long lasting makeup foundation cushion available as possible, the existing four-color lake's it going to expand No. 10 made it possible to express a variety of skin tones. The price is 45 000.

If I did not know exactly what the skin tone or difficult to pick a color to match the color can be found under the Intel 2.0 Service provided by VDL stores.

Intel services to individual color 2.0 color matching system that cosmetic and skin problems like skin tone by custom products, we propose a measuring instrument with the color of the cap Shure products match your skin tone exactly analyzed.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com