Alphabiz - A total of 47 public institutions found that they provide loans to their employees at below-market interest rates or revise erroneous regulations.

[Alpha Biz=(Chicago) Reporter Kim Jisun] There are 47 public institutions that have not lent loans to employees at interest rates lower than market interest rates or revised wrong regulations.

The Ministry of Strategy and Finance announced the results of the inspection on the status of welfare system operation of public institutions.

Twenty-one places, including the Korea Development Bank and the Korea Real Estate Institute, were criticized for lending at a lower price than the market interest rate, while 18 places, including the Korea Credit Guarantee Fund, exceeded the limit of innovation beds for public institutions.

LH and the Korea Credit Guarantee Fund were pointed out with 12 cases each, with the highest number of violations.

Last year, welfare benefits per person at public institutions were 1.88 million won, down every year from 3.32 million won in 2013.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)