South Korea FSS Caps Auto-Loan LTV at 100% for Savings Banks
South Korea's Financial Supervisory Service (FSS) issued new auto-secured loan guidelines to savings banks on July 24, capping the loan-to-value (LTV) ratio at 100% and requiring any excess amount to be underwritten as standard credit loans. The measure aims to prevent a balloon effect following the
GateCryptoFrontier·07-28 00:54
