[Alpha Biz=(Chicago) Reporter Kim Jisun] The Fair Trade Commission, which is investigating the bank's alleged loan rate and commission collusion, has launched a second on-site investigation.

According to the financial sector on the 14th, the Fair Trade Commission has been conducting on-site investigations into the four major banks, including Shinhan Hana and Woori, since the 12th. This is the second survey following an on-site survey of Nonghyup Bank, Industrial Bank of Korea and Korea Federation of Banks, including the four major banks in February this year.

The FTC is looking into whether there was collusion between banks in determining lending rates and fees, as in the first field survey. It is known to check whether there was collusion in the process of sharing information between banks as well as between bank officials through the Korea Federation of Banks.

Given that they have narrowed the scope of the investigation to four major banks, observers say that they may have secured the basis for the alleged collusion against these banks, which are influential in the Yeosu new market.

 

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