Arab Today, arab today bank household loan growth picks up in aug
Last Updated : GMT 16:38:49
Arab Today, arab today
Arab Today, arab today

Bank household loan growth picks up in Aug.

Arab Today, arab today

Arab Today, arab today Bank household loan growth picks up in Aug.

Seoul - Yonhap

South Korean banks\' household loans rose for the seventh straight month in August on gains in home-backed lending, the central bank said Wednesday, fueling concerns over growing household debt. Local banks\' household loans, including mortgage and credit loans, totaled 448 trillion won (US$417.8 billion) as of the end of August, up 2.5 trillion won from the previous month, according to the Bank of Korea (BOK).

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