All posts tagged "household loans"
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385Capital / LiquidityFSC Korea Unveils Plans for Loosening Household Loan Rules
Most debtors will still be subject to income-based restraints. A refinancing programme will allow borrowers to convert variable-rate mortgages to long-term fixed-rate mortgages.
June 21, 2022 -
374IndiaRBI Issues New Guidelines on the Provision of Microfinance Loans
The RBI is lifting the interest rate ceiling on microfinance loans, but says it will continue to check that lenders do not charge "usurious" rates.
March 23, 2022 -
735Fintech / RegtechKorea FSS Amends Rules to Facilitate Lending by Internet-only Banks
Internet-only banks will be allowed to use a lower weight for existing household loans when calculating calculating loan-to-deposit ratios.
January 31, 2022 -
338KoreaKorea Eases Loan Restrictions to Accommodate Home Rentals
New household loans issued to pay for jeonse deposits in Q4 2021 will not count toward the government’s 6 percent loan growth target for the year.
October 18, 2021 -
626Capital / Liquidity
S. Korea FSS Gets Tough on High Interest Lending at Savings Banks
Over 850,000 borrowers are paying over 25% interest on loans at savings banks; FSS vows to protect consumers by boosting monitoring and inspection efforts and by publicly naming lenders charging excessively.
August 2, 2018 -
534Capital / Liquidity
South Korea Consults On New Bank Capital Rules
Korean FSS consulting to improve bank capital regime by tweaking risk weights on some loans and fine-tuning asset classification rules on restructured firms.
June 11, 2018
