President-elect Yoon Suk-yeol's government plans to relax LTV ratio restrictions and reduce taxes on owners of multiple homes.
April 12, 2022The order suggests the military government may be struggling to repay debt and purchase key supplies. Fresh sanctions were also recently announced.
April 7, 2022Banks can continue to total LCR at 85% for three more months, following which the FSC will raise the total LCR requirement back to 100% in steps.
April 4, 2022Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022The maximum loan amount per enterprise under the Special 100% Loan Guarantee will be raised and the maximum repayment period will be extended.
March 31, 2022The lawmakers are concerned that Credit Suisse may be concealing information about sanctions evasion by Russian oligarchs.
March 30, 2022A survey by the Korea Federation of SMEs found the support measures have helped about 80 percent of SMEs to sustain their business activities.
March 29, 2022The individuals set up 53 shell companies and submitted false documents to banks to obtain loans under the government support scheme for Covid hit businesses.
March 23, 2022The 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, 2022The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022