Gimhae City Identifies Blind Spots in Microfinance... Survey on Loan Business Conditions

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Gimhae City, Gyeongnam Province announced on the 20th that it will conduct the '2021 First Half Loan Business Status Survey' targeting loan and loan brokerage companies within the jurisdiction until August 20.

This survey will be conducted by verifying the status survey reports submitted by 50 companies registered in Gimhae City as of June 30, and if the content is found to be insufficient or there is a possibility of legal violations, an on-site investigation will be carried out.

Details include investigating loan (brokerage) status, borrowing status, and net asset status for individual business owners, and branch status, asset and liability status, and loan status for corporate businesses. Companies that fail to submit related reports or submit false information will be fined according to relevant laws.

A Gimhae City official said, "Through this survey, we will identify and address blind spots in financial services for ordinary citizens, enhance the trustworthiness of the local loan industry, and strive for the sound development of the loan business."

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