Shinhan Card reduced KRW 2.3 billion in household loan interest through interest rate cut requests in H2 2024, surpassing major commercial banks including NH NongHyup Bank, with a 90.19% acceptance rate driven by an automatic interest rate reduction system introduced in August for card loans.
#YonhapInfomax #ShinhanCard #InterestRateReduction #CardLoans #HouseholdDebt #AcceptanceRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108147
Shinhan Card Cuts More Interest Than Commercial Banks
Shinhan Card reduced KRW 2.3 billion in household loan interest through interest rate cut requests in H2 2024, surpassing major commercial banks including NH NongHyup Bank, with a 90.19% acceptance rate driven by an automatic interest rate reduction system introduced in August for card loans.
Yonhap Infomax@solalnathan @TEG @academicchatter @phdstudents
It's also interesting to note that rejection/acceptance rate has no correlation with the Journal Impact Factor™ (but then JIF is also a rather silly and dubious calculation too, so I'm less certain about what the non-correlation really tells us. Noteable nonetheless, particularly for JIF-worshippers of which I am not one)
https://rossmounce.co.uk/2016/01/15/why-do-we-rejoice-in-rejecting-perfectly-valid-research/
#RejectionRate #AcceptanceRate

Why do we rejoice in rejecting perfectly valid research? - Ross Mounce
This has done the rounds on Twitter a lot recently, and justifiably-so but just in case you haven’t seen it yet… I thought I’d quickly blog about this excellent graph published on a FrontiersIn blog late last year (source/credit: http://blog.frontiersin.org/2015/12/21/4782/ ) With data from 570 different journals, it appears to demonstrate that rejection rate (the percentage of […]
Ross Mounce