Household loans extended by South Korean banks declined in January as households' balance sheets improved on the back of year-end bonuses, and mortgage lending also fell, the central bank said Wednesday. Outstanding household loans by local banks, including home-backed and credit loans, reached 477.8 trillion won (US$448 billion) as of end-January, down 2.6 trillion won from the previous month, according to the Bank of Korea (BOK).
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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