Shinhan Bank headquarters in Jung-gu, Seoul. /Courtesy of News1

Shinhan Bank will temporarily suspend new household loans through loan brokers.

According to the financial sector on the 7th, Shinhan Bank decided not to accept loan applications through brokers from the 8th through the end of this month. Shinhan Bank manages the monthly loan limit for household loans handled by brokers, and the limit was reportedly used up within a week this month.

Shinhan Bank plans to resume accepting loan broker applications from the first business day of next month.

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