KB Kookmin Bank Suspends New Property Mortgage Loans
KB Kookmin Bank Halts New Mortgage Loan Applications KB Kookmin Bank has made a significant decision to stop accepting new applications for mortgage loans used for property purchases. This includes both in-person branches and non-face-to-face apps. The move is part of an effort to manage the total volume of household loans throughout the year. As a result, KB Kookmin Bank has become the second major commercial bank, following Hana Bank, to block new mortgage loans for property purchases. On the 21st, KB Kookmin Bank announced that starting from the 22nd, it will no longer accept new applications for mortgage loans for property purchases scheduled for execution this year through non-face-to-face apps. Additionally, from the 24th, the bank will also stop accepting new applications at in-person branches. Furthermore, from the 22nd, the bank will halt new applications for its credit loan products, specifically the 'KB Star Credit Loan I·II,' and loan refinancing. Applications fo...