ISA 3 months yield of subscribers leaving ... I climbed seventh month duration

3 months yield of [South Korea nine hyerin financial newspaper reporters - one imhyeong private wealth management account (ISA) model portfolio (MP) was converted to the end of January plus a rate of return. On the other hand, ISA subscribers sungam trend through securities companies showed sustained second last 7 months from July. The ISA also dwaetgo subscribers two months sungam trend continued through the Bank, in January turned out to be sungam stay beyond 20,000.

According to the Korea Financial Investment Association two days 0.89% -0.28% points higher than when the last disclosure (end-December basis) 3 month return of 0.61% over the last three months of the end of January a total of 25 companies released 201 model portfolio (MP) rising sun turned to positive yield only about three months.

In the last three months yields trend the end of October last year, -0.13%, -1.22%, end of November, was recorded December 31 -0.28%. The average yield of 0.76% brokerage MP, the Bank recorded a 0.34%.

However, private wealth management through a brokerage account (ISA) showed a sustained trend subscribers sungam seventh month.

Securities ISA subscribers this past July 1, only 12 people since the beginning sungam August -3945 people, people in September -2979, -5737 people in October, November, -3855, -6836, December, January, sungam personnel recorded 5289 people.

The ISA subscribers 2 months sungam trend has continued through the bank. The original ISA subscribers Bank has been a net increase followed a trend until the end of November last year. However, it recorded 3759 people sungam 20,000 people since January recorded in December last year, 8209 people a sense of the first order.

Securities firms and banks full of ISA subscribers in January to escape the aftermath of the end of ISA 2.36 million cumulative subscribers in 1712 people, 9076 decreased by 2 10 000 people compared to the end of December last year (239 10 000 788 persons).

Industry insiders pointed out that subscribers are leaving lasting less attractive because of its ISA product compared to other products. ISA is contrary to the national experts lacking the tax benefits than the United Kingdom or Japan, subscription restrictions or qualifications and intellectual ropdago most demanding.

Capital Market Institute songhongseon researcher 'ISA is a long-term investment because products because yields disclosure materials released each month is not significant, it said, "But the market reaction yireotda to be released a year is not severe financial authorities and financial institutions he said it will accept. "



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

Manufacturing exports affected sentiment improved for two months

[Korea Jeongseon financial newspaper reporters - a sentiment in the manufacturing export sector showed a strong sequential improvement this year.

The Bank of Korea February Manufacturing industry enterprise survey index (BSI) is one point olratdago than January 76 announced the 28th. BSI's manufacturing industry is coming up this year from January 75 72 December last year, was raised two months of the year.

Also in March of manufacturers market outlook BSI is 5 points or higher than the February forecast 76 to 81 counted in January.

BSI is the meaning of this company look good if the companies feel the economic indicators showing the economic situation as a baseline 100 or more wise than it did now.

Two months dwaetgo survey conducted in the last 14 to 21 3313 2884 Nationwide Corporate (manufacturing 1754, 1130 Non-manufacturing) vendors have responded.

Although still early side has assured. BSI is because of the manufacturing industry and 80 below the long term average (12 December 1 January 2003 ~2016).

2 This month the market was significantly BSI large manufacturing and exporting company. Rose one point to 83 large companies, export companies showed the highest level in three years and four months after 2 March 2013, point 10 (86) climbing to 82.

SMEs (66) and domestic companies (72) last month and had no change.

By industry, electronics and video communications equipment rose three points to 85. On the other hand, car 79 and the first metal 82 is dropped each three points, by four points.

Manufacturers are most widely cited sluggish domestic demand (23.6%) and information management difficulties.

BSI's non-manufacturing industry in February fell by 1 point to 73, including the service sector.

Economic Sentiment Index (ESI) composite index of consumer trends (CSI) to the BSI rose 1.9 points from 95.6 in January.

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

Switching bank loan delinquencies rise to only three months

[South Korea's Choice Financial newspaper reporter] was converted into a bank loan delinquency rate rise in just three months.

27 days, according to the Financial Supervisory Service announced a KRW-denominated loan delinquency status of domestic banks, the end of January this year the total loan delinquency rate (more than one months overdue principal and interest) rose 0.06 percent to 0.53 percent points higher than the previous month end.

Delinquency show a second month in a row naerimse to 0.81% in November from October last year, 0.64%, 0.47% in December turned to rise.

FSS explained that "the new yeoncheaek (1.6 trillion won) that occurred last month according to a scale beyond the cleanup overdue receivables (8,000 million).

Overdue receivables balance increased by 700 billion won this year, compared to January last year to 7 trillion 500 billion won horses in December (6.8 trillion won).

The end of January, large loan delinquency rate fell 0.06 percentage point from the previous month to 0.71%. SME loan delinquencies rose 0.11% points to 0.74% from the previous month. The total corporate loan delinquencies rose 0.07% points to 0.73%.

Household loan delinquency rate was up 0.02 percentage point from the previous month to 0.28%. Mortgage loans (0.21%) and group loans (0.30%) delinquency rate was 0.02 percentage point, rising by 0.01 percentage points, respectively. Household credit delinquency rates also rose 0.07 percentage point to 0.48%.

The FSS said, "I will strengthen the monitoring of a possible rise in delinquency rates in domestic and foreign economic uncertainty."

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

Bank lending rates only to households up to 23 months

[South Korea's Choice Financial newspaper reporter] showed that household lending interest rates of banks continues to rise.

According to the Bank of Korea, the 27th announced, in January 2017 financial institutions weighted average interest ', January household lending rate (the newly extended basis) of the deposit money banks was 0.10 percentage points higher than last year's December annual 3.39% did.

Household lending rate rose second consecutive five months after the right to 3.03% in September last year. In particular, household loan rate in January was the highest level in 23 months since February 2015 (3.48%).

Mortgage loan rate of household lending is rising second six months rose 0.03% points to 3.16% from the previous month continues. Group lending rate rose to 0.01% points to 3.17%.

Guaranteed loans (3.23%) and general credit loans (4.51%) also rose by 0.16 percent points, 0.07 percentage points, respectively. For savings, mortgage loans rose 0.02 percentage point to 3.00%.

Last month, fixed-rate share of bank household loans fell by 0.04% points higher than in December last year, 38.6%. Fixed-rate share is falling since the second half of last year fell from 57.8% in July and 55.8% in August.

US Federal Reserve (Fed) is not only carried out a surprise rate hike last year and continues to be the burden of rising interest rates Following the austerity heralded the era of the households received loans with floating interest rate floor is large.

Corporate lending interest rates continued to rise.

January bank lending rates is now four months was up 0.01 percent point rise to 3.55%. Enterprise lending rate (3.20%) and SME lending rate (3.79%) all rose by 0.04 percent points, 0.02 percentage points.

The total lending rate of banks rose 0.07% points to 3.51%.

Whereas interest rates were controlled banks received from the property.

Bank savings interest received in January fell by 0.05% points to 1.51%. It is the first time since August last year rates have fallen reception. All time deposits (1.47%) and time deposits interest rates (1.53%) interest rate fell by 0.07 percentage points and 0.01 percentage points respectively.

The difference between the lending rate and deposit rate Bank (NIS) has been expanded 0.12% points to 2.00% points.

In the case of non-banking financial institutions deposit rate Mutual Financial (1.63%), credit cooperatives (2.00%), community credit cooperatives (1.95%) have climbed by 0.07% points, from 0.01 percentage points and 0.02 percentage points respectively. On the other hand Mutual Savings Bank fell 0.04% points to 2.12%.

In the case of non-bank mutual savings bank lending rates have risen points or 1.09% to 11.75%. Credit unions were also counted as a delivery rose 0.08% points higher than 4.60%.

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

Four months after a slight rebound in consumer confidence

[Korea Jeongseon financial newspaper reporters - the lowest level since the global financial crisis, the consumer sentiment index which was down a slight rebound in just four months until.

According to the Bank of Korea 'February 2017 consumer survey results, it released 24 days in February Consumer Sentiment Index (CCSI) rose 1.1 points from the transmission (93.3) to 94.4.

The consumer sentiment index rose more than it delivered only four months since October last year (102.0).

Consumer sentiment index in June last year, 10 000 seotji up from 98.8 in July to 101.0 over the baseline of 100, fell three consecutive months since dropped to under 100 in November (95.7).

In particular, in January it totaled index to its lowest level since March 2009 (75.0), right after the global financial crisis.

The psychology of the consumer exceeds a reference value of 100 CCSI (2003-2016 long-term average), meaning that they are more optimistic about the long-term average. The survey of 2,200 households conducted by dwaetgo cities across the country in the last 10-17 days double the 2039 replied furniture.

Deda but less than 100 below the overall index is still poor levels were analyzed.

February current economic judgment CSI climbed four points from January 51 to 55. Other economic CSI was 3 points higher than in passing 70. CSI also passed the current living conditions than the right one 88 points, prospect CSI living conditions were also counted as 2 points, up more than 93 passes.

But consumer spending is expected CSI seemed to January 104, in the case of household income fell 1 point expected CSI than January 97.

CSI interest rate outlook fell more than 3 points to 123 passes.

Inflation expectations for one year represents the expected inflation rate fell 0.1 percentage points compared to 2.7% in January.

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