Shinhan Bank, Matong limit 100 million won → 50 million won Reinforcement of screening standards

Input 2021.02.01 17:57

Following Woori Bank and Kakao Bank, Shinhan Bank has reduced the negative bank account limit. With financial authorities’ orders to manage household loans, even office workers and public officials with high income and high credit ratings are increasingly difficult to break through a negative bankbook of 50 million won or more at a bank.

According to the financial sector on the 1st, Shinhan Bank decided to lower the negative bankbook limit for’Elitron’ and’public employee credit loan’ products from the previous 3rd to 50 million won, respectively.

From the same day, Shinhan Bank will also strengthen the criteria for evaluating the total debt principal repayment ratio (DSR) on credit loans. Previously, only when the DSR exceeded 50% was reviewed by the headquarters, but in the future, even if it exceeded 40%, it will be considered as the subject of the headquarters review instead of the branch office.

An official from Shinhan Bank explained, “The recent increase in household loans has taken such measures to focus on actual demand for funds such as loans for life stability funds centered on real users in Gapala.”

Recently, commercial banks are tightening the limit of negative bankbooks used by high creditors one after another. On the 29th of last month, Woori Bank significantly reduced the limit of negative bankbook loan products from 80 million to 100 million won to 50 million won.On the 22nd of the same month, Kakao Bank, an internet specialty bank, also limited the limit of credit loan products for high-credit office workers, including negative bank loans It reduced 50 million won from 150 million won to 100 million won.

On the same day, Suhyup Bank stopped new loans to negative bankbooks among’Sh The Dream Credit Loans’ products for office workers, and K Bank raised the interest rate of negative bankbook loans for office workers by 0.1% point (P) on the 28th to raise the lowest interest rate. It was raised to 3% per year.