Finance
Bank household loans rise 7.6 trillion won as mortgage growth accelerates
Household loans across South Korea\'s financial sector rose 8.3 trillion won in June, the Financial Services Commission said on Wednesday. The increase was smaller than the previous month but larger than a year earlier. Mortgage loans rose 4.5 trillion won, with bank mortgage growth widening while second-tier lenders slowed. Bank household loans rose 7.6 trillion won. Other loans increased 3.7 trillion won, with credit loan growth easing.
