Tuesday, March 14, 2017

The Bank of Korea, 'savings bank household loans statistical error' censure personnel actions



[South Korea's Choice Financial News Reporter] The Bank of Korea said in relation to the savings bank household loans statistical error that Sudan 14 days to buy a munchaekseong personnel actions for staff and supervisor.

According to the Bank of Korea, Bank of statistics regarding the savings to replace the Chief Financial Statistics and Financial Statistics has released the leader position. Also issued a stern warning about the measures that the economic statistics director and manager in charge.

The Bank of Korea said explaining the background censure "was found in the statistical process as a representative without checking the facts sufficiently publicized statistics without appropriate action or description.

The Bank of Korea announced that 977.5 billion won in the last nine days in January compared to the previous month the growth rate of household loans, mutual savings banks, the real added value of 508.3 billion won naemyeo modify the materials found statistical errors and bustle. In this regard, the Bank of Korea said that while an error "reported by Korea Federation of Savings Bank reclassified certain loans were excluded from household loans, as previously reported youngriseong funds and loans to households from January 2017.

In January of this household lending added value of the mutual savings bank market it gotta misinterpreted as confusing suffered more than the actual statistics available. The Bank of Korea has not explicitly describe such relevant information, such as a footnote.

The Bank of Korea conducted an investigation to target the relevant departments around the jeonseungcheol buchongjaebo in accordance with the instruction immediately after the governor Lee Ju-yeol occurred statistics released errors.

Checklist for the Bank of Korea when applying 'would be for the whole process of household debt mutual savings bank that this time the problem statistics and related statistics footing with the announcement conducted thorough inspection to prevent the recurrence of statistical error' said 'in particular statistical footing miheupham the will to reorganize its internal checks and check that there is no system complements' he said.

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