Expansion of bank credit loans… KB Kookmin, doctors and lawyers up to 300 million

Input 2021.01.05 10:48 | Revision 2021.01.05 10:58

Banknotes have resumed the sale of non-face-to-face credit loan products that were discontinued at the end of last year and are raising the lowered credit limit one after another. However, it is still difficult to receive credit as much as the ability to repay, as the limit has not recovered as much as the credit loans were in full swing.

According to banknotes on the 5th, Hana Bank will resume selling the’Hana OneQ Credit Loan’, the flagship product of non-face-to-face credit loans from this day. Earlier, on the 24th of last month, Hana Bank stopped selling the product, which was the most in demand, both non-face-to-face and face-to-face to calm the sharp increase in credit loans.

KB Kookmin Bank has slightly increased its credit limit, which began to decrease from the end of September last year, from the 4th. The credit limit for doctors and lawyers was lowered from a maximum of 400 million won to 200 million won, which is raised to 300 million won. The maximum limit for’KB Star Credit Loan’, a non-face-to-face credit loan product for the general public, was also lowered from 300 million won to 150 million won and then raised to 200 million won.

In addition, Shinhan Bank began selling its non-face-to-face credit loan for office workers, which had been discontinued until the end of the year, from the 1st of last month, and Kakao Bank’s new’minus bank credit loan’ for high-credit workers was also on the same day. Sales resumed. Woori Bank is planning to resume the sale of the non-face-to-face credit loan “Won Office Worker Loan,” which had been discontinued from the 11th of last month.

NH Nonghyup Bank raised the preferential interest rate again. From November last year to the end of the year, the preferential interest rate on household loans at branches was lowered, but from the 4th, the existing preferential interest rate system was applied again. Accordingly, the maximum preferential interest rate for home mortgage loans under the variable rate has increased 0.4 percentage points (P) from 1.0% to 1.4%, and the maximum preferential interest rate for credit loans has also been raised from 0 to 0.25% to 0.8 to 1.2%.

Earlier, the banking sector began tightening credit loans in accordance with the guidelines of the financial authorities when the monthly credit loan increase in November of last year reached a record high of 4,844.9 trillion won. The government believes that excessive increase in credit loans raises the price of assets such as houses, so if a person with an annual income of over 80 million won receives a credit loan of more than 100 million won, the total debt repayment ratio (DSR) regulation is applied and the total amount of household loans is managed. I ordered a bank note. DSR is the share of total loan principal and interest in income.

The rise in credit loans has stopped. According to five major commercial banks, including KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup Bank, credit loans decreased by 44.3 billion won a month to 133,6482 billion at the end of last December. It has been 11 months since last January (-2247 billion won) that the credit balances of the five major commercial banks decreased from the previous month.

However, banknotes are planning to maintain their credit loan management posture for some time. Shinhan Bank plans to maintain the reduction of the credit limit for professional professionals, such as doctors and lawyers, which was applied since October last year, and Woori Bank also decided to extend the reduction and maximum adjustment of the credit loan preferential interest rate. Hana Bank will reduce the credit limit for professional workers starting on the 6th. The default limit, which was a maximum of 150 million won for each job category, is lowered to a maximum of 50 million won, and the limit for negative bankbook loans for professionals is also reduced by 50 million to 100 million won.

The financial authorities are also expected to continue managing the total amount of credit loans for the time being. Financial Supervisory Commissioner Yoon Seok-heon asked how long he will continue to regulate household loans at a year-end conference by the online access reporters in December last year. “In the second half of the year, household loans centered on credit loans have increased sharply and are tense.” I have been doing it, but I plan to keep it for a while.”