Cash payment instead of the card, smartphone ... 376 trillion won last year's daily average

[Korea Jeongseon financial newspaper reporters - credit cards, showed that significantly increasing the use of non-cash means of payment such as smartphones.

According to the Bank of Korea announced one day 'Payment of the 2016 settlement trends "material payments due to non-payment methods of cash last year increased by 8.1 percent to 376.1 trillion won per day than in 2015 (347.8 trillion won).

The Bank of Korea analyzed that "large sums of money transfers using factors such as enlargement and card payments as long as the universalization of financial institutions through the financial network."

Card using earnings 2.104 trillion won (per day) increased significantly by 11.8% year-on-year.

Especially credit card earnings (excluding cash) is one trillion rose 10.9 percent to 677 billion won. Utilization of credit card mobile smartphones has surged 51.7% or 460 billion.

Check card income, higher deduction rate has increased by 15.2% to 424 billion won. On the other hand, prepaid cards fell 3.5 percent to 22 billion.

Full results from the use of payment cards credit cards were the overwhelming proportion to 79.7%.

Yiyongaek day average personal credit card at a convenience store last year jumped 32.8 percent to 150 billion won. Supermarket (9.5%), airlines (16.2%), duty-free shops (10.7%), transportation (9.3%), health care (10.0%) is also higher growth rates.

In the case of payment per check card, but to give 3.5% ₩ 24,342 more than in 2015, credit cards were only increased by 0.1% in 4564 won four.

The Bank of Korea was evaluated as' that will replace the card with cash at convenience stores, supermarkets, public transport continued tendency of small yiyongaek.

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Financial Services Commission, last year's fourth quarter of 2.2478 trillion won of public funds recovered 67.8% recovery rate ...

[Korea hyerin nine financial newspaper reporter] Financial Services Commission has announced that one days recovering public funds of 2.2478 trillion won in the fourth quarter of last year.

Deposit Insurance Corporation has held a number of 20 billion won to 2.2278 trillion won our stake in the bank, as Mr. Kay anaen loan interest income.

As a result of the financial crisis a total of 168.7 trillion won in public funds were recovered 67.8% amounting to 114.3 trillion won. Recovery is the level rose by 1.3% points compared to the end of September last year.



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558 trillion won last year's national pension fund ... Provisional yields 4.75%

[Korea goyounghun financial newspaper reporter] 2016 national pension fund yield totaled 4.75% as provisional.

National Pension Fund Management Committee held its second meeting of year 2017 28. In the meeting, it was deliberate and resolve the pension fund and the pension fund entrusted gyeolsanan adjustments operational target range for year 2016.

According to the meeting, it details the last five years the average pension fund return of 5.07% from 2012 to 2016, while in 2007, 2016 10-year average yield totaled 5.38% as provisional.

By domestic equity asset class 5.64%, 10.13% in foreign stocks, 1.83% domestic bonds, foreign bonds 4.01%, 5.74% domestic alternative investment, alternative investment abroad showed a return of 12.34%.

By the end of 2016, pension funds net assets is 558.2991 trillion won, and the end of the year increased 512 trillion 324.1 billion won compared to 45.975 trillion won (9.0%) in 2015. The net asset value plus the increase in operating income 24.0073 trillion won to 21.9677 trillion won amount of money earned after payroll in premium income.

2016 end of the current national pension reserve funds 558.3 ​​trillion won 557.7 trillion won (99.9 percent) have been operating in the financial sector. Fund 400 billion won domestic stock 102 trillion in investment type (18.4%), foreign stocks 85.7 trillion won (15.4%), domestic debt 282.6 trillion won (50.7%), foreign bonds 23.4 trillion won (4.2%), Korea alternative investments divided by 21.9 trillion won (3.9%), alternative investments such as overseas.



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