Fri, Oct 31, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Regulatory more

S.Korea watchdog says more real estate loans may turn sour

Posted on 20 May 2011

South Korea’s financial supervisor said additional real estate project financing loans might go sour due to the prolonged slump in the property market.
The Financial Supervisory Service (FSS) said in a statement that 18 domestic banks held 6.7 trillion Korean won ($6.16 billion) in distressed real-estate project financing loans at end-March, up from 6.4 trillion won at the end of December……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031