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Bank Household Loans Extend Decline in January Amid Property Curbs

Bank Household Loans Extend Decline in January Amid Property Curbs

SEOUL, Feb. 11 (Korea Bizwire) — Household loans extended by South Korean banks fell for a second consecutive month in January amid tightened lending regulations aimed at stabilizing the housing market, central bank data showed Wednesday. Outstanding household loans stood at 1,172.7 trillion won (US$805.75 billion) at the end of January, down 1 trillion won [...]