首尔房价“降温难” 韩国央行敲响金融脆弱性警钟

Core Viewpoint - The Bank of Korea's semi-annual financial system report indicates that while the overall financial system remains resilient amid economic recovery, rising housing prices and a weakening currency are increasing financial vulnerabilities [1] Group 1: Financial System Resilience - The report highlights that domestic financial institutions maintain robust capital buffers and external payment capabilities [1] - Despite this resilience, recent asset price volatility, including stock market declines and a continuously weakening won, keeps financial and foreign exchange market volatility high [1] Group 2: Housing Market Concerns - The report warns that despite government measures to cool the market, housing prices in the Seoul metropolitan area continue to rise strongly, raising concerns about worsening financial imbalances [1] - The central bank's concerns over rising capital housing prices influenced its decision to maintain interest rates last month, avoiding further easing due to fears that cheaper borrowing costs could fuel speculative activities [1] Group 3: Credit Risk in Vulnerable Sectors - The report notes that credit risks in vulnerable sectors remain high [1] - The Bank of Korea stated that it will actively seek appropriate measures to ensure the stability of the financial system, including policy coordination with the government and collaboration with financial institutions if necessary [1]