Collusion

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Photorealistic image of South Korean banks fined 272 billion won for real estate loan collusion, showing chained bank logos, FTC fine notice, and executives with loan documents.
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South Korea fines four major banks 272 billion won for LTV collusion

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South Korea's Fair Trade Commission has imposed a combined fine of 272 billion won on four major banks—KB Kookmin, Shinhan, Woori, and Hana—for colluding on real estate loan-to-value (LTV) ratios. The banks exchanged information from March 2022 to March 2024 to avoid competition. This practice limited options for consumers and small businesses seeking mortgages.

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हम अपनी साइट को बेहतर बनाने के लिए विश्लेषण के लिए कुकीज़ का उपयोग करते हैं। अधिक जानकारी के लिए हमारी गोपनीयता नीति पढ़ें।
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