Market Chatter: Shinhan Bank Relaxes Mortgage Rules for Multi-Home Buyers

MT Newswires Live

Apr 14

Shinhan Financial Group's (KRX:055550) Shinhan Bank relaxed mortgage loan restrictions, now allowing single-homeowners to obtain loans for purchasing additional properties outside South Korea's highly regulated districts.

The ease in restrictions came into effect on Friday, April 11, Pulse News reported the same day.

The new policy rolls back rules in place since September 2024 that limited home purchase loans to first-time buyers, the report said.

Shares of Shinhan Financial Group rose more than 1% in recent trade on Monday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2527923950","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527923950","pubTimestamp":1744600347,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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