Credit Union Bankruptcy Risk

(1)The only credit union is on red light
(2)With a body weight of 435, the deficit is 100 billion won
(3)Reporter Oh Seo-young Input 202312181806 Modified 202312181936
(4)Single credit cooperative, turn on the red light
(5)Concerns over insolvency of real estate PF in mutual financial sector are growing In particular, it was found that the soundness and profitability of the credit union were deteriorating significantly I’ll find out with reporter Oh Seo-young from the finance department How bad is the situation of the Credit Union? The Credit Union has already turned to the red with a loss of 66.9 billion won by the first half of the year, and the delinquency rate has exceeded 4

(1)Real Estate PF Loan Status in Mutual Financial Sector
(2)Data Financial Services Commission
(3)4.8 trillion won
(4)4.7 trillion won
(5)At the end of last year, June of this year, and September of this year
(6)Although balance of mutual financial sector real estate PF loans shrank in Q3
(7)The delinquency rate soared from 009 at the end of last year to 418 at the end of September this year

(1)Credit Union Real Estate PF Loan Size
(2)Source: Yoon Young-deok’s office
(3)KRW 3.6 trillion
(4)3.4 trillion won
(5)KRW 1.7 trillion
(6)At the end of March 2019, at the end of June this year, and at the end of September this year
(7)Credit Union’s real estate PF balance stood at 3.4 trillion won at the end of last year
(8)It grew to 3.6 trillion won in the first half of this year
(9)As of the end of September, it was worth 3.4 trillion won again as the financial authorities began full-fledged management