Finance
NH Nonghyup Bank to resume variable-rate mortgages in first sign of eased household loan curbs
NH Nonghyup Bank will resume handling variable-rate mortgage loans after a two-and-a-half-month suspension, marking an early move by banks to ease lending restrictions after the government loosened its household credit growth targets. The bank will restart new issuance of its variable-rate mortgage product, NH Mortgage Loan, from Aug. 20. It had restricted new lending from June 1 to manage total household loan volume.
