• 3 days ago
While holding interest rates steady for a third consecutive quarter, the Central Bank plans to continue its current credit control measures, reporting early success in reducing real estate transactions.
Transcript
00:00With interest rates holding steady, the central bank plans to keep its credit control measures
00:05unchanged, reporting early success in reducing real estate transactions.
00:11The market is expected to expand, which will have a preliminary effect.
00:16The amount of unauthorized loans and over-authorized loans has also decreased.
00:21It has also reached its goal in the preliminary stage.
00:24Current credit control measures include not extending grace periods for first-home mortgage
00:29mortgages and reducing the loan-to-value ratios for second-home and unsold housing
00:35loans by 10 percent.
00:37The central bank is planning stricter financial inspections next year in response to reports
00:42of banks committing loan fraud and exceeding loan limits.

Recommended