영자신문읽기[고급] 신문 속 다양한 세상 이야기를 이제 영어로 만나보세요!

FSC widens its standards for loan collateral
2018-05-27
Korea’s financial regulator said on Wednesday it will allow a wider range of assets, including intellectual property, to be used as collateral for loans. The move is aimed at helping small businesses secure loans, and the government will provide 1.5 trillion won ($1.4 million) to support the policy. Machinery, inventory, raw materials and electronic appliances are typically referred to as movable assets, and banks have strict criteria for their use as collateral against loans. But the Financial Services Commission (FSC) said on Wednesday that it will ease those regulations by accepting different ranges for movable assets. “Moveable assets could act as an efficient source of financing for small and medium-sized companies with lower credit ratings and less collateral,” said Choi Jong-ku, the head of the Financial Services Commission. “To increase moveable asset-based financing, [the regulator] will expand infrastructure and incentives,” he said. Currently, raw materials and machines are allowed to be used as collateral, and now intellectual property as well as a company’s claims on future sales will be able to be used as well. The regulator will also require banks to accept different industry players as borrowers, as now, the primary users of moveable collateral are manufacturers. 




All industries, including the retail and service sectors, will be able to apply for loans secured with movable collateral. Smaller companies, in particular, could benefit from the move, as the revised standard for movable assets include a large portion of their assets. Movables account for 38 percent of all assets owned by small and medium-sized enterprises, and property makes up 25 percent of those assets. Only 0.05 percent of their movable assets were used as collateral, the FSC said. The value of corporate loans based on movable assets stood at 250 billion won ($231.8 million) at the end of 2016. As for infrastructure, the Financial Services Commission will promote the use of technology such as the Internet of Things and big data to assess and monitor the state of assets. Choi demonstrated an Internet of Things device that manages moveable collateral on Wednesday at the headquarters of the Korea Machinery Auction & Exchange in Gyeonggi. Financial authorities said they would inject 1.5 trillion won in the moveable collateral market over three years with an aim of expanding its size to 3 trillion won in 2020 and 6 trillion won in 2022. The Industrial Bank of Korea will provide 1 trillion won in loans based on machinery and inventory. The Korea Credit Guarantee Fund, a state-owned body, will offer 50 billion won worth in loans that can be secured with moveable assets.
전체게시물
번호 기사목록 날짜 조회수
>>
2018-05-27 226
59
2018-05-26 304
58
2018-05-25 398
57
2018-05-24 495
56
2018-05-23 231
55
2018-05-22 615
54
2018-05-21 484
53
2018-05-20 422
지금 공부한 학습자료 내 메일로 받아보기!
이  름 휴대폰
이메일
  • * 개인정보 수집 및 이용 동의 안내

    1. 개인정보 수집이용 목적
    1) 해커스영어 데일리 학습메일 발송

    2) 해커스영어 해커스교육그룹 제휴사의 강의, 이벤트 등 광고성 정보 제공
    ( 제휴사 : 해커스어학원 / 해커스인강 / 해커스톡 / 해커스중국어/해커스패스 / 해커스잡 / 해커스유학 / 위더스 / 해커스편입 등 )
    2. 위탁하는 개인정보 항목 : 이름, 이메일 주소, 핸드폰번호
    3. 개인정보의 보유/이용 기간 : 이용목적 달성시 또는 참여자의 삭제요청시까지
    4. 참여자는 개인정보 수집 및 이용에 동의하지 않을 수 있습니다.

    (이 동의에는 광고성 정보 제공에 대한 동의가 포함되어 있습니다.)
  • * 개인정보의 위탁 안내

    1. 개인정보 위탁 목적 :

    1) 페이스북과 인스타그램이 제공하는 플랫폼을 이용한 광고 수행

    2. 개인정보 수탁자 : 페이스북, 인스타그램
    3. 참여자는 개인정보 위탁에 동의하지 않을 수 있습니다.

    (동의를 하지 않으시는 경우의 불이익은 없습니다.)
왜 해커스 빡센 스터디에 열광할까

실시간 정답확인실시간 정답확인

6월 수강신청_토익토익, 토익인강, 해커스 토익인강, 토익 0원, 토익 0원 프리패스, 0원 프리패스, 토익 시험, 취업, 해커스토익, 토익접수, 토익시험,