tightened curbs on loans Archives | Be Korea-savvy
Regulator To Review Applying Tighter Curbs On Jeonse Loans Amid Rising Debts

Regulator To Review Applying Tighter Curbs On Jeonse Loans Amid Rising Debts

SEOUL, June 19 (Korea Bizwire) — South Korea’s financial regulator said Thursday it will review the introduction of tighter rules on so-called jeonse loans amid rising household debts. In a report to the State Affairs Planning Committee, the de facto transition team of the new Lee Jae Myung administration, the Financial Services Commission (FSC) said [...]