South Korea's top 10 savings banks saw Q3 net profit plunge 44% after the June 27 lending cap, as new household credit loans collapsed and several lenders swung to losses.
#YonhapInfomax #SavingsBanks #NetProfit #CreditLending #June27Policy #OKSavingsBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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[Savings Banks 6·27 Fallout①] Top 10 Firms See Net Profit Halved—'Unable to Expand Credit'

South Korea's top 10 savings banks saw Q3 net profit plunge 44% after the June 27 lending cap, as new household credit loans collapsed and several lenders swung to losses.

Yonhap Infomax
South Korea’s housing supply has reached a near standstill following the June 27 policy, with Land Minister nominee Kim Yun-deok pledging to seek new development sites and expand supply amid ongoing delays in major projects.
#YonhapInfomax #HousingSupply #KimYunDeok #LandInfrastructureAndTransport #Redevelopment #June27Policy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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