The results of the resolution on the innovative financial service are as follows. (Details of the resolution ☞[Refer to the attached file])
The Financial Services Commission newly designated the ‘linked investment for personal credit loans from online investment-linked financial institutions&nsquo; of 29 savings banks* as an innovative financial service, allowing savings banks to carry out linked investments for personal credit loan borrowers recruited and reviewed by online investment-linked financial institutions.
* OK Savings Bank, SBI Savings Bank, Korea Investment Savings Bank, Welcome Savings Bank, Daol Savings Bank, KB Savings Bank, Moa Savings Bank, Daeshin Savings Bank, Kiwoom Savings Bank, JT Savings Bank, Baro Savings Bank, BNK Savings Bank, Korea Savings Bank, Sangsangin Plus Savings Bank, Hanwha Savings Bank, Smart Savings Bank, HB Savings Bank, Dongwon First Savings Bank, The K Savings Bank, Seram Savings Bank, Jinju Savings Bank, Incheon Savings Bank, Dream Savings Bank, MS Mutual Savings Bank, Yongchang Savings Bank, Burim Savings Bank, DH Savings Bank, Daemyung Savings Bank, Pyeongtaek Savings Bank
In addition, Korea Housing Finance Corporation re-securitization securities for covered bonds issued by financial companies The service was newly designated as an innovative financial service. Accordingly, the Korea Housing Finance Corporation can purchase and re-liquidate covered bonds issued by financial institutions for the purpose of supplying long-term, fixed-rate housing mortgage loans, thereby supporting the activation of long-term mortgages.
In addition, the designation period for the ‘domestic stock fractional unit trading support service’ previously designated as an innovative financial service for 7 securities companies including the Korea Deposit Insurance Corporation has been extended by 2 years.
※ Please refer to the attached file for details.
