SK CB SME Loan Ratio Management

Published on: Feb 21, 2025

On Feb. 17, SK CB revised detailed regulations on loan management.

  • SK CB revised the Detailed regulations on loan management of financial institutions.
  • Outline of Revisions
  • Change ex post management method of the SME loan ratio system to the method of checking compliance from the method of calculating the shortfall amount.
  • Delegate necessary matters such as disciplinary methods to SK CB's Director of the Monetary Policy Bureau for approval, instead of Director of the Policy Planning Bureau.
  • Effectiveness
  • The revised Detailed regulations will be implemented from Mar. 1, 2025.
Regulators
SK CB
Entity Types
Bank
Reference
RF 2/17/2025
Functions
Compliance; Financial; Operations; Product Administration
Countries
South Korea
Category
State
N/A
Products
Banking; Loan
Rule Type
Final
Regions
AP
Rule Date
Feb 17, 2025
Effective Date
Mar 1, 2025
Rule ID
244214
Linked to
N/A
Reg. Last Update
Feb 17, 2025
Report Section
International