South Korean banks’ mortgage lending to households in March grew at a faster pace, boosting overall household loans, on lower lending rates and more new home supply, central bank data showed on Thursday. Household mortgage loans rose by ?1.68trn (US$1.49bn) in March from the previous month to ?267.2trn after adding ?701.7bn won in February, the Bank of Korea said in a statement. Overall lending to households also rose ?1.94trn in March from the prior month to ?409.3trn, the central bank said.
South Korea mortgage loan growth accelerates
Most Popular Articles
Latest Articles
Test post for new category functionality HW+
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla in quam euismod, consectetur urna vel, placerat magna. Sed gravida, nisl eget rutrum porta, libero orci tristique neque, luctus lobortis massa felis sit amet ex. Curabitur ut dapibus enim. Fusce in placerat purus, a hendrerit tortor. Sed neque lorem, tincidunt sed magna suscipit, volutpat rutrum tellus. […]