Yonhap Infomax NewsSouth Korean banks, including Shinhan Bank, are tightening household lending by suspending mortgage and jeonse loan applications via brokers and raising lending standards amid accelerating loan growth.
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Banks Tighten Household Lending Further—Shinhan Bank Halts Mortgage Applications via Loan Brokers
South Korean banks, including Shinhan Bank, are tightening household lending by suspending mortgage and jeonse loan applications via brokers and raising lending standards amid accelerating loan growth.