S. Korea's household lending during March 1/5 that of March 2018
- 5 years ago
3월 가계대출 1조원 증가…지난해의 5분의 1로 급감
And Korean households continued to take on more debt last month, but more slowly than the same time a year before.
The Bank of Korea says household debt of all kinds rose in March by around 731 billion U.S. dollars as of the end of last month.
But that was only one fifth of the amount it rose the same month last year.
Mortgages rose by the biggest amount in three months... while non-mortgage loans, including lending through overdraft lines of credit, edged up slightly.
And Korean households continued to take on more debt last month, but more slowly than the same time a year before.
The Bank of Korea says household debt of all kinds rose in March by around 731 billion U.S. dollars as of the end of last month.
But that was only one fifth of the amount it rose the same month last year.
Mortgages rose by the biggest amount in three months... while non-mortgage loans, including lending through overdraft lines of credit, edged up slightly.