KHFC Offers KRW 101.7 Billion in Bogeumjari Loans in March
- Date 2006-04-14
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□ KHFC Offers KRW 101.7 Billion in Bogeumjari Loans in March
KHFC provided KRW 101.7 billion (1,468 loans) in bogeumjari loans in March. A total of KRW 270.7 billion in bogeumjari loans was provided for the first quarter of 2006.
The volume of loans for March was little changed from February (KRW 102.2 billion (1,460 loans)) due to a slowdown in the housing market on anticipation of the planned pre-sales of apartments in Pangyo and intense competition among financial institutions in issuance of mortgage loans, which led to less demand for bogeumjari loans.