downupofcreditcardindustryinkorea韓國信用卡業(yè)的啟-展示頁
2025-07-24 18:26本頁面
【正文】 rs其他 6,380 Long term Liabilities長期負(fù)債 17,800 Bonds債券 16,566 Long term Borrowings長期借款 1,111 Others其他 123 Stockholder‘s Equity股東權(quán)益 5,041 Total總計 56,769 100 6 Credit Card Industry in Korea ◇ Shrink of bond transaction volume 債券交易量萎縮 ? Average daily trade volume of bonds issued by credit card panies 信用卡機(jī)構(gòu)債券的日均交易量 174 m U$ (Feb.) → 51 m U$ (Mar.) ◇ Decreasing total asset of Investment trust funds 信托投資基金總資產(chǎn)下降 22,257 m U$ (during ~) 7 Credit Card Industry in Korea ◇ Difficulties in refinancing 再融資面臨的困境 ? Refinaning by issuing new bond was almost impossible 通過發(fā)新債的再融資幾乎沒有可能 ? One of the credit card pany failed to raise debt with more than 300 bp above the rate of AA graded corporate bond. 一家信用卡機(jī)構(gòu)以比 AA級公司債券高 300個基點的再融資宣告失敗 。 8 Credit Card Industry in Korea ◇ Liquidity problem surged up 流動性問題開始凸顯 Liquidity reserve on the date of Mar17 3 月 17日的流動性儲備 U$ 2,628 m Maturing debt instruments from Mar 18 to Mar 31 3 月 18日至 3 月 31日到期債務(wù) U$ 3,341 m Shortage of liquidity resource 流動性缺口 U$ 713 m ? Liquidity resource included cash, cash equivalents, securities available for immediate sale, unused amount of credit line 流動性包括現(xiàn)金、現(xiàn)金等價物、可即售的有價證券、未使用的信貸額度。 9 Credit Card Industry in Korea Countermoves of Regulators 監(jiān)管層的應(yīng)對措施 10 Credit Card Industry in Korea ◇ To intervene or not to intervene? 是干預(yù)還是放任其發(fā)展？ (numbers are during or as of end of 2022) （ 2022年內(nèi)或年末數(shù)據(jù)） ? Total use of credit card 信用卡使用 總 量 : U$ 519 billion Cash advance service 預(yù) 支服 務(wù) : U$ 298billion GDP of Korea 韓國國內(nèi) 生 產(chǎn)總值 : U$ 547billion ? Number of cards per economically active person ? 持卡人人均持有信用卡數(shù) : Number of people with more than 4 cards 持卡 數(shù) 量超 過 4張的人數(shù) : million Number of economically active population 持卡人總數(shù) : million Population of Korea 韓國總?cè)丝? : about 45 million 11 Credit Card Industry in Korea ◇ What if not to intervene ? 不干預(yù)的后果 ? If one of the credit card pany defaults → Customers (who use multiple credit cards to pile up large credit) of defaulted pany cannot borrow money to pay other credit pany → Other pany also defaults in short of liquidity → Systemic risk is expected ? 若一家信用卡機(jī)構(gòu)陷入困境 → 該機(jī)構(gòu)用戶（擁有多張信用卡以取得較大信貸額度）無法借款支付其它信用卡機(jī)構(gòu)帳戶 → 其它信用卡機(jī)構(gòu)因流動性不足陷入困境 → 出現(xiàn)系統(tǒng)風(fēng)險 ? If credit card panies default → Investors (individuals, banks, investment trust panies, insurance panies) would suffer large loss → Market participants stop investing abruptly → Hard landing of economy is expected ? 如果所有信用卡機(jī)構(gòu)都陷入困境 → 投資者（個人、銀行、信托投資公司、保險公司）將蒙受巨大損失 → 市場參與者驟然停止投資 → 可以預(yù)見的 經(jīng)濟(jì) 硬著 陸 ? Many people
環(huán)評公示相關(guān)推薦
鄂ICP備17016276號-1