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South Korea\'s three internet-only banks keep mid-to-low credit loan share above 30 percent

South Korea\'s three internet-only banks kept the share of loans to mid-to-low credit borrowers in the 30 percent range in the second quarter, continuing inclusive finance. KakaoBank recorded 31.9 percent by outstanding balance and 38.4 percent by new lending, while K Bank posted 31.3 percent and Toss Bank 34.2 percent on a three-month average basis. The banks are widening access through upgraded scoring models, refinancing loans and use of alternative data.