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October 18, 2021
 South Korea‘s major banks are set to loosen control on extension of “jeonse” loans for homes, but their tightened grip over personal credit loans will continue under pressure from financial authorities, industry sources said on October 17.  Jeonse is a housing lease system unique to Korea whereby tenants pay a lump-sum deposit instead of monthly rent on a two-year contract.  NH NongHyup Bank, which in August decided to temporarily stop offering jeonse loans until Nov. 30, wi
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