NongHyup Bank Temporarily Halts In-Person Jeonse Loan Transfers

[Financial News] NH NongHyup Bank announced on the 29th that it will temporarily suspend in-person jeonse loan transfers to control household loan demand. 
NongHyup Bank will block the handling of in-person refinancing loans, which are implemented with bank funds, from being transferred from other banks to NongHyup Bank starting from the 2nd of next month.
Previously, NongHyup Bank decided to suspend loan applications through recruiters only for those executed next month. This measure was taken as the monthly recruiter loan limit set internally was exhausted.
A representative from NongHyup Bank said, "We have decided to strengthen self-regulation as part of managing household loan volumes." 

zoom@fnnews.com Lee Jumi Reporter