Authorities mull incentives to inject funds into PF projects
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
The move is seen as encouraging active participation from financially sound banks and insurers to revitalize PF operations.
There are also concerns that the real estate sector is receiving excessive financial support, prompting authorities to devise ways to redirect these funds to other industries moving forward.
Financial industry sources said on Monday that the Financial Services Commission and the Financial Supervisory Service will announce a PF normalization plan in mid-May 2024 that will include measures to benefit financial institutions injecting new funds into viable PF projects during the restructuring process. Authorities conducted PF-related conferences by industry in April, when they reviewed the proposed incentive measures.
Discussions on the PF market’s future also took place during a recent macroeconomic and financial meeting held on Friday that was attended by Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok, FSC Chairman Kim Joo-hyun, Bank of Korea Governor Rhee Chang-yong, Financial Supervisory Service Governor Lee Bok-hyun, and Land, Infrastructure and Transport Minister Park Sang-woo.
They exchanged ideas on measures suggested by various sectors that could be announced in the future.
“As part of the PF normalization measures, we are considering raising the soundness classification criteria for new loan funds or relaxing the ratio regulation,” a financial authority source said.
One suggestion from the meeting is classifying the assets’ soundness as normal when new funds are injected into viable PF projects. Assets are classified into five levels – normal, caution, fixed, recovery uncertain, and estimated loss – and a commensurate portion of the loan amount must be set aside as a loan loss provision. A provision of 20 to 30 percent is required for fixed loans but this is reduced to around 0.85 percent for normal loans, thus reducing the burden of new investments.
The government is also considering temporarily increasing investment limits. Bank investment limits in securities are currently tied to 100 percent of their capital, for example, but this could be relaxed for a set period. Employees at PF companies will not be charged with negligence for errors in their work if there are no significant procedural defects, and the business evaluation criteria for both normal and distressed PF projects is also under review.
For its part, the FSC and FSS will launch a real estate finance task force with the Korea Institute of Finance moving forward. The team will focus on examining the soundness of financial funds invested in the real estate market from a mid to long-term perspective.
Copyright © 매일경제 & mk.co.kr. 무단 전재, 재배포 및 AI학습 이용 금지
- ‘1살 아기’ 승객 대신 ‘101세 할머니’가 왜…항공사 직원들 ‘화들짝’ - 매일경제
- 尹 '모든 국민 25만원 지원금' 거절 李 '여야정 협의체 추가논의' 거부 - 매일경제
- “이 제품 절대 먹지 마세요” 베트남산 냉동새우살서 식중독균 검출 - 매일경제
- 이번엔 3억 로또 아파트 뜬다…39평 5억원대 2가구, 어딘가 봤더니 - 매일경제
- 양복 입고 관악산 오르던 중년男…희망의 끈 끊어버린 野가맹사업법 [기자24시] - 매일경제
- “돈 많은 것도 부러운데”…부자들 40% 이상 매일 ‘이것’ 한다 - 매일경제
- 연예인 맛집이라며…15만원짜리 삼겹살 보니 “불판 닦는 비계만 가득” - 매일경제
- “잠자던 20대여성, 갑자기 옷 찢더니”...수면중 무의식 성행위, 희귀 수면장애라는데 - 매일경
- 아저씨들만 다니는 곳 아니었네…MZ 취향 저격한 ‘이곳’ - 매일경제
- ‘황선홍호 격파’ 신태용 감독의 인니, 우즈벡에 0-2 완패…결승행 좌절 → 3·4위전서 파리행 노