Seoul, Jan 21 (IANS) The antitrust regulator here said on Wednesday that it has imposed a combined fine of 272 billion won ($183.7 million) on the country’s four major commercial banks for allegedly colluding on real estate lending limits tied to loan-to-value (LTV) ratios.The banks — Shinhan Bank, Woori Bank, Hana Bank and KB Kookmin Bank — are accused of exchanging internal documents related to LTV ratios and coordinating their lending limits, a practice that restricted competition in the mo…
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