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South Korean Banks Fined $184 Million for LTV Ratio Collusion Four major South Korean banks—KB Kookmin, Shinhan, Woori, and Hana Bank—have been fined a total of 272 billion won ($184 million) by South Korea's competition regulator for colluding over loan-to-value (LTV) ratios, which influence mortgage limits. Hana Bank received the largest fine of 86.9 billion won, followed by Kookmin Bank with 69.7 billion won, Shinhan Bank with 63.8 billion won, and Woori Bank with 51.5 billion won.