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Four major banks in South Korea return to KFTC plenary over alleged LTV coordination

By Jenny Lee ( October 28, 2025, 06:54 GMT | Insight) -- South Korea's four major commercial banks will return to the competition regulator's plenary sessions next month for what could be the final stage of a long-running probe into alleged coordination in mortgage lending. The Korea Fair Trade Commission has scheduled the sessions for Nov. 19 and Nov. 26, where its commissioners will re-examine whether Kookmin Bank, Shinhan Bank, Hana Bank and Woori Bank illegally aligned their loan-to-value ratios in violation of competition law, with potential fines reaching trillions of won, MLex understands.South Korea's four major commercial banks will return to the competition regulator's plenary sessions next month for what could be the final stage of a protracted probe into alleged coordination in mortgage lending....

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