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The amount of yen that Koreans bought at local banks in May 2023 increased by nearly five times compared with the same period last year, as many people took advantage of the weak yen. club77, Regarding mechanisms and policies from commercial banks, the Deputy Prime Minister said that the Law on Credit Institutions has guided credit institutions to develop regulations, regulations and barriers against risks. These regulations need to be reviewed. Secondly, on the side of enterprises - the object of access to capital, the access to capital depends heavily on the loan plan, investment plan, and financial situation. ""Unqualified can't get a loan. If the plan is good, has the ability to repay the debt, but cannot access capital, it will miss the opportunity,"" mentioning this, the Deputy Prime Minister suggested the business side ""must be very clear." Third, according to the Deputy Prime Minister Prime Minister, if the lending interest rate is too high, businesses cannot access it.The Prime Minister is very interested in this issue and has continuously directed, most recently, in the announcement of the Government's Standing Meeting. Request the State Bank to study and give appropriate direction to the actual situation, manage interest rates appropriately, and create favorable conditions for businesses to access.
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