Shinhan Bank is reducing the maximum limit of credit loans for office workers by 50 million won. This is a result of the recent boom in the stock market and an increasing number of investors making debt, and the financial authorities ordered the banks to adjust the speed.
Shinhan Bank Branch in Seoul. yunhap news
According to the financial sector, Shinhan Bank sent an official letter to each branch on the 14th and announced that it would lower the maximum limit for each case of four credit card products for office workers, such as’Eliteron I·II’ and’Convenient Office Worker Loan SⅠ·II’. Announced. The maximum limit for these products is divided into 200 million won and 150 million won, respectively, depending on income and creditworthiness, and will be lowered to 150 million won and 100 million won from the 16th.
At the end of last year, Shinhan Bank lowered the credit limit for professionals such as doctors and lawyers from 250 million to 300 million won to 200 million won to 100 million won. It followed the policy of the Financial Supervisory Service to prevent high-income and high-credit people from investing in real estate with debt.
This time, the credit limit for not only high-income people but also general office workers will be lowered. An official at Shinhan Bank explained, “Last year, the limit for professional workers was only reduced, but this year, it means that the increase in household loans is serious enough to reduce the limit for ordinary workers.”
The balance of personal credit loans of the five major commercial banks, including Shinhan, KB Kookmin, Hana, Woori, and Nonghyup Bank, rose from 133.6481 billion won on December 31 last year to 135.5286 billion won on the 14th last year. . Most of the monthly loan limit increase (2 trillion won) promised by the banking sector to the financial authorities was exhausted in just nine business days.
Reporter Jiyu Hong [email protected]