South Korea's Financial Supervisory Service will launch an inspection of Suhyup next month to probe allegations of preferential loans totaling over 60 billion won ($43.8 million) to Deutsche Motors, amid growing scrutiny over possible political influence and credit review procedures.
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#FinancialSupervisoryService #Suhyup #DeutscheMotors #PreferentialLoans #Inspection
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https://en.infomaxai.com/news/articleView.html?idxno=86506
Lee Chan-jin - Financial Supervisory Service to Launch Probe into Suhyup over Alleged Favorable Loans to Deutsche Motors Next Month

South Korea's Financial Supervisory Service will launch an inspection of Suhyup next month to probe allegations of preferential loans totaling over 60 billion won ($43.8 million) to Deutsche Motors, amid growing scrutiny over possible political influence and credit review procedures.

Yonhap Infomax
Saemaul Geumgo, a major South Korean mutual financial cooperative, continues to face regulatory breaches in lending practices this year, prompting plans to expand a dual loan review system nationwide to strengthen oversight and prevent preferential or excessive loans.
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https://en.infomaxai.com/news/articleView.html?idxno=74787
Saemaul Geumgo Faces Continued Lending Regulation Breaches This Year—Dual Review System to Be Rolled Out Nationwide

Saemaul Geumgo, a major South Korean mutual financial cooperative, continues to face regulatory breaches in lending practices this year, prompting plans to expand a dual loan review system nationwide to strengthen oversight and prevent preferential or excessive loans.

Yonhap Infomax