Korea Joongang Daily
Korea JoongAng Daily

Major banks' household loans fell again in March due to continued regulation

Household loans by major banks fell again in March amid continued strict regulations, industry data showed on Wednesday.

2026-04-01

Household loan growth slows markedly in September amid tighter regulations

Household loans extended by Korean banks grew at the slowest pace in six months in September on tighter lending rules aimed at curbing surging housing prices and household debts, central bank data showed Thursday.

2025-10-16

Household loan growth accelerates again in August despite tighter regulations

Household loans extended by Korean banks grew at a faster pace in August compared to the previous month, driven by a recent increase in housing transactions despite government regulations, according to central bank data released on Wednesday.

2025-09-10

Rise in household loans gathers pace in August despite real estate curb

Household loans in Korea rose by 4.2 trillion won in August, despite new restrictions aimed at curbing debt and housing prices.

2025-08-31

Korea’s big banks post record spreads amid government rate cap

While the Bank of Korea continues to lower its benchmark interest rate, the gap between commercial banks’ loan and deposit rates has grown to a record high.

2025-05-06

Rate of household loans slows in November to 4 trillion won

The rate of household loans slowed in November to 4 trillion won, down from 6.6. trillion won the month before.

2024-12-01

Household lending growth slows as people pay debts with holiday bonuses

The growth of household loans extended by banks slowed in February as people paid back credit loans using holiday bonuses.

2024-03-13

Finance Minister nominee vows to tame record household debt

Finance Minister nominee Choi Sang-mok has pledged to facilitate a smooth resolution to the challenges in project financing and to stabilize Korea's record household debt, aiming to effectively manage any potential risks.

2023-12-19

FSC to tighten mortgage rules to curb rising household debt

The Financial Services Commission plans to implement stricter rules on mortgage lending to address the surge in household debt driven by an increase in housing-related loans.

2023-09-13

Business loan rates break 5 percent for first time in a decade

Rates on business loans from commercial banks broke 5 percent last month following the Legoland debacle and as the bond market remained seized up.

2022-11-30