이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Single households are bad business for Korean banks: report
- Collected
- 2016.10.26
- Distributed
- 2016.10.27
- Source
- Go Direct
A person living alone on average spends more on oneself and therefore has less to save or purpose to visit banks, claimed a report by the Hana Institute of Finance Tuesday.
The aging population makes the matters worse as an elderly living alone tends to have little or no income, it said. The younger cadre is hardly better off. The low employment and marriage rate translates into less need or eligibility to get loans from banks.
Banks earn from lending money to people with affordability to repay. But increasing number of single households lacking eligibility to borrow would mean that much of fewer customers.
But plastic card issuers are better positioned to target singles through customized credit financing and products after studying their lifestyles and consumer behavior. For instance, some companies have been allowing credit card payment for monthly rents.
By Noh Seung-hwan
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]