Arab Today, arab today korea unveils steps for improving household debt structure
Last Updated : GMT 10:49:42
Arab Today, arab today
Arab Today, arab today

Korea unveils steps for improving household debt structure

Arab Today, arab today

Arab Today, arab today Korea unveils steps for improving household debt structure

Seoul - Yonhap

South Korea's financial regulator on Thursday unveiled a set of measures to tackle household debt problems in a hope to mend the overall debt structure. The Financial Services Commission (FSC) said that it plans to push local banks to increase the portion of loans with fixed interest rates and to induce households into repaying the principal and interest together

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