bank of korea rate cut mortgage easing unlikely to balloon household debt
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Bank of Korea: Rate cut, mortgage easing unlikely to balloon household debt

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Arab Today, arab today Bank of Korea: Rate cut, mortgage easing unlikely to balloon household debt

South Korea's central bank
Seoul - Yonhap

South Korea's central bank said Tuesday that while ongoing economic policies may affect household debt, they are unlikely to spur a sudden ballooning of such debt.
In a report submitted to Rep. Oh Jae-sae of the main opposition New Politics Alliance for Democracy party for the annual parliamentary audit, the Bank of Korea (BOK) said household debt is unlikely to sour massively under current property market circumstances.

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bank of korea rate cut mortgage easing unlikely to balloon household debt bank of korea rate cut mortgage easing unlikely to balloon household debt

 



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