BOK releases data on Korea's financial market trends for August
  • 6 years ago
On-going trade tensions between Washington and Beijing, and emerging market jitters, have weighed on South Korea's financial markets in August.
The Bank of Korea says.... the country's three-year treasury yields fell by zero-point-two-percent on-month.... on heightened external uncertainties stemming from the escalating U.S.-China trade spat.... and sluggish domestic jobs data.
Bank lending to Korean households increased by nearly one billion dollars on-month..... on increasing housing transactions,.... while lending to the corporate sector saw a slower pace of growth in August.
As a whole, deposit-taking by banks increased in August to five-point-seven billion dollars.
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