HF Picks Five Best Credit-Managing Banks 

 - KB, IBK, NH, Shinhan, and KEB Hana selected for their excellence in managing credit soundness

Korea Housing Finance Corporation (HF, CEO Lee Jung-Hwan) stated on April 13, 2018, that among the nation's commercial banks offering Bogeumjari Loans (its long-term, fixed-rate amortized mortgage loans) and Conforming Loans, it selected Kookmin Bank, Industrial Bank of Korea, Nonghyup Bank, Shinhan Bank, and KEB Hana Bank for their outstanding credit management in 2017.

More specifically, among the 24 banking institutions offering Bogeumjari Loans and Conforming Loans, the five banks earned high scores in the broad area of credit management, including delinquency management, asset soundness management, and support for the financially vulnerable through refinancing*.
  * Principal repayment postponement, lower default interest rates, and other programs devised to support low-income people

An HF official said, “Based on this assessment result, we will take the lead in implementing government policies and make proactive efforts to improve asset soundness and the efficiency of credit management.”

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HF CEO Lee Jung-Hwan (fourth from left) posed for pictures with the officers of the banks selected after the award ceremony of ‘Best Credit Managing Banks of 2017.’