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Banks and Insurance Firms Caught Lending to Their Own Employees at Super-low Rates

Banks and Insurance Firms Caught Lending to Their Own Employees at Super-low Rates

SEOUL, Oct. 11 (Korea Bizwire) – A congressional investigation revealed that some banks and insurance companies have provided loans to their own employees at extremely low rates between 0 and 2 percent a year. According to National Assemblyman Min Byung-du (New Politics Alliance for Democracy) on October 10 based on data submitted by the Financial Supervisory [...]