NH NongHyup Bank reported a financial incident involving a loan consultant who inflated the appraisal value of multi-family housing, leading to an excessive housing mortgage loan of over 20 billion won. The incident, which occurred between February 2022 and April 2023, is currently under additional audit, potentially increasing the loss amount. The bank clarified that no internal employees have been implicated and the loan consultant responsible will be sued.
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Auto-posted at: 2025-04-04 09:00:57