SEOUL, Oct. 12 (Korea Bizwire) – Household loans extended by local banks rose 11.8 percent in September from a year earlier due to an increase in collective loans, central bank data showed Wednesday. Outstanding household loans from local lenders came to 688.4 trillion won (US$613 billion) as of end-September, compared with 615.7 trillion won from [...]
SEOUL, Nov. 11 (Korea Bizwire) – Household loans extended by local lenders increased at the fastest clip last month, central bank data showed Wednesday, amid the rising possibility of a looming U.S. rate hike. Outstanding household loans extended by local banks reached 624.8 trillion won (US$539.3 billion) as of the end of October, up 9 [...]
![[Stats] Variation of Household Credit Volume](http://koreabizwire.com/wp/wp-content/uploads/2014/05/가계신용증감액1.png "[Stats] Variation of Household Credit Volume")
[Related Article] Korea’s Household Leverage Exceeds OECD Average (Korea Bizwire, May 28) An analysis that Korea’s household debts have not only exceeded the OECD average but also reached the critical point which could trigger an economic crisis has come out… (see the full text of this news) Infographics Design Team (Infographic@kobizmedia.co.kr)