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

Exchange market cap $ 1,282,100,000,000 ... World ranked 15th, down only marginal

[Korea goyounghun financial newspaper reporter] recorded a 4.1% increase from last year, market capitalization $ 1.2821 trillion year-on-year in the Korea Exchange (KRW one trillion 7000 about 1450 million). Global Exchange, ranking fell one step.

27 days Exchange, the World Federation of Exchanges (WFE) market capitalization, according to data the analysis of the trends of the world market at end-2016 market capitalization size member companies totaled 100 billion to $ 70 trillion. This is the end of 2015 $ 67.1 trillion by 4.5% increase.

Exchange official "market capitalization had recorded $ 1 trillion 282.1 billion, despite internal and external negative factors such as consumption contracted due to political risks and increasing negative solicitation laws, and increased 4.1% compared to the previous year due to the impeachment," he said.

I fell on the stairs late last year, up 14 basis over 15 global exchanges. Exchange side he explained ranked sat down one step, because it did not withdraw from the WFE to the world at large market cap ranking statistics on the London Stock Exchange Group (LSE Group) had entered the market cap over the last five to rejoin the WFE.

Regional trends during the same period market capitalization America increased 10.8%, while Asia-Pacific region and Europe (including the Middle East, Africa) region showed no significant change.

US economic growth and Trump President had to win after the economic policy expectations and increased market cap is 10.0% of the New York Stock Exchange, thanks to oil and commodity prices rebound Brazil (BM & FBovespa, 57.8%) and Toronto (TMX, 28.24%), including in South America the increase in market cap stood out as bukmigwon Exchange.

Asia-Pacific region, Shanghai (-9.8%), Shenzhen (-11.6%), while the exchange is sluggish, Taiwan (15.7%), Australia (10.9%), Japan (3.4%) strengthening exchanges with China GDP growth decreased each country had to show a different aspect.

In addition to Europe, the market capitalization of the withdrawal of the British EU, the Italian banking sector non-performing loans concerns, such as the UK and Italy consolidation of exchanges LSE Group fell 9.9%. France, Belgium, the Netherlands, Portugal integrates the Euronext stock exchange (Euronext) has a staggered appearance showed a market cap increase or decrease by 5.7% to countries and regions totaled a mere 0.9% rise.



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

Hanwha life, far from the only way to go negative margin risk mitigation expectations - Shinhan geumtu

It was [Korea goyounghun financial newspaper reporter] Shinhan Investment far only way to go for 24 days Hanwha Life negative margin is expected doendamyeo risk mitigation target price of short-term BUY recommendation is to keep 7300 won.

4Q11 Earnings Hanwha individual life lasted a deficit pretax profit -403 million. Net income was also lower than both our estimate and the consensus -303 million.

Shinhan Investment hands unknown researcher "Suicide claims paid one-off costs of dwaeteumyeo additional variable insurance guarantee reserves that are commonly reflected in the end the industry annually earn reflects 178 billion won bonus payment of about 350 billion and approximately 20 billion won was also there," said "Last year 10 risk of negative margin thanks to a life insurance company to a global rebound since March has entered the interest rate easing trend, "said diagnosis.

If interest rates are kept at the current level it is expected later this year will reduce variable insurance guarantee reserves earn additional burden.

Was hand-researcher "negative margin risks of October last year after thanks to global interest rates rebound life insurer has entered the easing trend" and "solvency ratio (RBC) regime headwinds last year, the third quarter of 289.8% of the enhanced interest rates and a rebound RBC He explained that the review of the rate hybrid capital securities of the scale corresponding to 500 billion won to 200.4 percent plunge into the end of the year. "

He continued to consider including "The recent trend increases the possibility the United States in March rate hike are mitigated negative margin risk as interest rates rebound is positive," said "negative spread burden is still serious, but two shareholder stake possibility of a Deposit Insurance Corporation were reiterate, "he said.



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