Search results for Jeonse
Finance
September household loans fall 2.2 trillion won, first net drop this year
Household loans across South Korea’s financial sector fell 2.2 trillion won in September from a month earlier, the first net decline this year, as other loans including credit loans dropped sharply while mortgage loan growth slowed. The Financial Services Commission said mortgage loans still rose 3.3 trillion won, and authorities will maintain a household debt management stance through year-end. Measures also include changes to Bogeumjari Loan income rules and expanded youth jeonse loan guarantees.
People
Shinhan Bank CEO Jung Sang-hyuk joins relay campaign to prevent illegal private lending
Jung Sang-hyuk (정상혁), CEO of Shinhan Bank, has joined a relay campaign aimed at preventing damage from illegal private lending and protecting financially vulnerable people. Shinhan Bank said on Oct. 12 that Jung took part in the “Finance that saves lives” campaign led by the Korea Inclusive Finance Agency. Jung joined after being nominated by K Bank CEO Choi Woo-hyung and urged a stronger role for finance.
AI & Enterprise
AI to flag lease contract risks as Gyeonggi launches GRT service
South Korea\'s Ministry of Science and ICT and Gyeonggi Province unveiled a service that uses AI to diagnose risks in real estate transactions in advance. The Gyeonggi Reassuring Real Estate (GRT) service analyses data such as registry documents and prices before a contract, checks explanations during signing through speech recognition, and monitors registry changes around the clock after signing. It also combines AI analysis with on-site checks by licensed brokers and will begin a pilot next month.
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Finance
KakaoBank offers 200,000 won to eligible Akkim-e Bogeumjari Loan customers
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Finance
MyData market expands as Korea faces impact of consecutive base rate hikes
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Games & Commerce
Toss Bank posts record first-half net profit of 58.9 billion won
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Finance
KB Real Estate launches jeonse safety check service to prevent rental fraud
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Finance
Hana Bank to expand financial support in Incheon, launch 200 billion won unicorn fund
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Industry
South Korea to add 230,000-plus homes in capital region, to announce 100,000 new sites this year
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Finance
South Korea raises household loan growth target to 3 percent, expands housing supply finance to 47.8 trillion won plus alpha
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Finance
Hana Bank to offer free \'contract safety rights insurance\' to young lease loan customers
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Finance
South Korea\'s FSC builds consensus on phased rollout of scraping blocking, seeks public MyData alternative
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Finance
Fintech posts record results as payment touchpoints expand, signs of loan curb easing
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Finance
Hana Financial appoints Lee Seung-yeol as CIFO to strengthen inclusive finance governance
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Finance
After tax overhaul, government weighs tweaks to loan rules, eases balance loans, tightens lease loans
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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Finance
Jeonse loans should focus on vulnerable households; fees needed for large loans
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Finance
Internet-only banks to expand in-person services, allowing debt restructuring and corporate loan screening