[Exclusive] "Turn over the government-owned banks to commercial banks"

<Anchor>

It was confirmed as a result of our coverage that the financial authorities are pushing for a plan to hand over the net customers of state-run banks such as Korea Development Bank to commercial banks.

Controversy over preferential treatment is also expected as the financial authorities will directly decide which bank will take over the customer.

Let's see the exclusive report by reporter Im Tae-woo first and continue the story.

<Reporter> This

is an internal document recently prepared by the Financial Services Commission.

Under the title of 'Establishment of a process for transferring high-quality corporate credit to commercial banks', it contains a plan to transfer high-quality customers of state-run banks to private banks.

Industry and corporations, the Export-Import Bank of Korea, and the government-run banks are to select out-of-the-box companies, and then provide loan agreements to specific commercial banks.

Banks to whom the information will be taken over can look through the terms of the existing contract and offer more favorable terms to the company to obtain the loan.

The financial authorities also plan to conduct annual evaluations and hand over relevant information to only two banks.

The financial authorities who made the document are of the view that state-run banks do not need to lend to excellent companies, including large corporations.

[Financial Commission official: Policy financial institutions such as Korea Development Bank provide a limited supply of loans and lead the market. So, commercial banks or markets do not do well, but there are things that our country needs industrially, right?

In addition to that, we need to spend more resources.]

However, it is pointed out that the government-owned bank asset, customer company information, can be provided free of charge to private banks, which can disrupt trust and disrupt the market order.

[Seo Ji-yong/Professor of Business Administration, Sangmyung University: If a private financial institution is in charge, there is a risk that it will shift to a financial support stance based on excessive commercial logic.

It is a concern that financial support may be provided with only short-term financial performance or loan recovery in mind.]

The idea that financial authorities will select information about high-quality companies that pay well in only two banks may lead to controversy over preferential treatment. This is high.

(Video coverage: Han Il-sang, video editing: Jo Moo-hwan)

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<Anchor> Here is

reporter Im Tae-woo, who just gave you the report.

[Reporter Im Tae-woo: I asked the state-run bank.

He said that large companies such as Samsung and Hyundai Motors, as well as well-established mid-sized companies, are likely to be targeted.

In order to spread risk, these companies borrow money at a certain rate from the national and private banks, but they are coveted by both the government and private banks because they pay interest well.]

[Reporter Im Tae-woo: Yes.

The document states that it will evaluate the performance of policy finance cooperation and hand over the information to the top two banks, which is also read to see if it follows the government policy.

The specific standards will be set later, but from the bank's point of view, there are already sayings that the competition to recruit retired civil servants or the under-the-ground competition will intensify in order to receive a good evaluation.]

[Reporter Im Tae-woo: Yes.

I agree that the role of the state-run bank is to help companies in need, but there are a lot of complaints about where to get money to help the insolvent company after getting rid of all the worthless customers.

Will the government give it to me, or will I have to pay the debt?

The answer is that it is not the first to give an answer here.]

[Reporter Im Tae-woo: The FSC says that the role of state-run banks should change for a long time, and now it is time to boldly give up on corporate loans that do not need help from the state and find a new way.

He also told me to focus more on the benefits to be gained from the government-run bank renovation than the side effects.]