Seongsu Eun, “Now I’ll look at land transactions…I’ll also review loan regulations in the future”

Input 2021.03.11 18:07 | Revision 2021.03.11 18:08

Finance Commissioner Eun Seong-soo announced that he would look into the loan behavior in future land transactions in relation to the incident in which Korea Land and Housing Corporation (LH) employees used the information on the development of new towns to purchase land in the area. He also said his intention to introduce loan regulations in this regard.

On the 11th, Chairman Eun visited Biocore, a policy-type New Deal Fund No. 1 investment company in Giheung-gu, Yongin-si, Gyeonggi-do, and met with reporters, saying, “I was not interested in the second financial sector, not the housing, but this time the problem is I will look at as much as I have.”

In addition, Chairman Eun added, “There is a point that there is a point that the land (loan) part should be regulated, so we are looking into the fact that LH speculation-related loans have occurred at the unit agricultural cooperatives.”

Regarding the sending of FSC staff to the Joint Investigation Headquarters, Chairman Eun explained, “We will send the best, capable people, and we will help (investigation) too.”

Meanwhile, he only made a fundamental statement that he is in discussions with relevant ministries on the plan to advance household debt to be announced next week. Chairman Eun said, “As the positions of the Financial Services Commission, the Ministry of Land, and the politics are different, we will collect opinions from each ministry.” “If you tighten your lending standards, you can reduce debt. But if you say that you can lift the ladder and give young people (loan) flexibility, you can also point out that it is different from speculation suppression,” he added.