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Mr. Lee, a 30-year-old office worker, is struggling because he couldn’t find a dispatch. I’m looking into a company’s society loans and savings banks, and I’m going to open my hands to my parents. This is because the bank received a call to repay 30 million won out of 130 million won in the principal or repay other credit loans a month before the credit loan maturity. Lee protested, “Suddenly where to get the money,” but only had to hear that “there is no help because government regulations are strengthened.”
As banks take intensive measures, such as “to stop all personal credit loans,” people are driven to “loan cliffs.” It seems that the government’s regulation on the total amount of loans to block funds from high-income families is spreading to the general public, including office workers and small businesses All. The government’s measures to fix the house price are sparking fire on the afflicted common people.
The general public and small businesses are also’credit loan crisis’
According to the financial sector on the 25th, there are a number of people who have recently been informed by banks that they will extend the maturity by repaying part of the principal of the credit loan. In the internet community of office workers, you can easily find articles that profess banks and governments. There are many extreme cases, such as’received to repay 30% of the principal’ or’it was said that it could be extended only for 6 months’. A branch manager of a commercial bank said, “The government has stepped forward to fully introduce the DSR regulation next year.” I recommend putting them in or looking through the other bank’s negative bankbook.”
Small businessmen faced greater difficulty than office workers. Businesses whose sales have deteriorated due to the prolonged Corona 19 situation are requesting partial repayment from bank banks or refusal of additional loans. An official from the bank said, “The government is telling us not to cut off loans to small business owners, but the corona situation may end, but we cannot recklessly postpone or lend more money.” Of course, small business owners received various guarantee loans through financial resources prepared by the government through the additional budget. 1st and 2nd COVID-19 loans executed over 20 trillion won are often rejected when △the procedure from application to execution is complicated, △the limit for each individual is extremely small and △low credit rating. In the midst of this, small business owners are trembling with anxiety as credit loans, which were the’last money’, tighten. Im Mo, who runs a meat restaurant in Yeongdeungpo, Seoul, said, “I have already used all loans and credit loans for small business owners.”
The bank only excuses’can’t help it’
Banks are protesting that they cannot open more ‘sheds’ because of the government’s tightening regulations on lending. Financial authorities are closely monitoring the number of high-value credit loans of 100 million won or more for each bank. Most credit loan maturities are one year. When the maturity of the credit loans received at the beginning of the year begins to return at the beginning of next year, it is expected that a large number of people suffering from the reduction of the limit will be poured out.
The new loan-to-deposit ratio regulation and capital adequacy regulation, Basel III, which were introduced earlier this year, are also factors that raise the threshold of banks’ household loans. Banks are required to keep the monthly average balance of the deposit-to-deposit ratio (the ratio of loans to deposits) within 100%. A weight of 115% is applied to household loans, so it is inevitable to reduce the weight. A bank official said, “In April, in the early days of Corona 19, the government eased the loan-to-deposit ratio regulation to 105% in order to expand the supply of funds, so there was some room for loans, but now the limit is full. Loaning is possible only when it is released.”
However, even if the loan-to-deposit ratio regulation is lifted, it is unknown whether there will be room for household loans. This is because of the’homework’ received from the early introduction of Basel III, a new capital soundness capital regulation. The financial authorities demanded that the banks that introduced Basel III increase the share of corporate loans to the level of 50-60%, and recently announced that the introduction of Basel III could be canceled if household loans are not further reduced (more corporate loans). It is known to have passed on to banks. An official from a commercial bank said, “The banks that introduced Basel III had the effect of improving their capital soundness, but if they were canceled midway, they couldn’t do it.” “We are in a position to affirm that it may adversely affect international credit ratings.” Told.
The loan conditions for common people are expected to worsen next year. Financial Supervisory Commissioner Yoon Seok-heon said at a press conference on the 23rd that “the total amount of loans (to banks) will need to be regulated for the time being.” There are criticisms that various loan control measures that fail to comprehensively consider the Corona 19 situation, repayment capacity for each borrower, and regulations on capital soundness of banks are drying the blood of ordinary people’s finances.
Reporter Oh Hyunah/Jeong Soram/Kim Daehoon [email protected]
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