KB Kookmin Bank extends restrictions on conditional lease on a deposit basis

KB Kookmin Bank extends conditional lease on a deposit basis loan restrictions.

Kookmin Bank said it will extend its "restrictions on the handling of conditional lease on a deposit basis loan" that was supposed to be temporarily operated until the end of this month.

The conditional lease on a deposit basis loan restrictions were implemented to prevent speculative demand such as "gap investment," a lease on a deposit basis home purchase.

Kookmin Bank explained that although household loan growth has slowed down a bit, it has decided to extend it early to ease loan restraint measures.