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Financial soundness of savings banks under scrutiny over rise in delinquency rates

The Financial Supervisory Service (FSS) has launched on-site inspections regarding the soundness of domestic savings banks, as many of them are showing signs of an increase in delinquency rates that are reaching worrying levels.

Loan refinancing platform expected to push banks to lower rates

Commercial banks and other financial firms are anticipated to lower lending rates to attract new customers following the launch, Wednesday, of an online, one-stop platform allowing borrowers to switch to other lenders.

Loan refinancing platform expected to push banks to lower rates

Commercial banks and other financial firms are anticipated to lower lending rates to attract new customers following the launch, Wednesday, of an online, one-stop platform allowing borrowers to switch to other lenders.

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