Tag: household loans

household loans

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Household loans rebound after monthslong decline

Household lending at major banks rebounded in June as investors took more credit loans and homebuyers pushed mortgage balances to a record.

2026.6.21

Banks' household loans rise at fastest pace in nearly two years in May amid stock market-related borrowing

Outstanding household loans by banks grew 6.9 trillion won ($4.5 billion) to 1,181.8 trillion won last month, according to Bank of Korea data.

2026.6.11

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A passerby walks past a poster promoting home mortgage loans on the wall of a bank in central Seoul on Dec. 7, 2025. [YONHAP]

Household loans rebound for first time in four months in March on lending linked to stock investments

Household loans extended by Korean banks rose for the first time in four months in March despite tight regulations, as lending linked to stock investments grew amid a market correction, data showed on Wednesday.

2026.4.8

Apartment complexes in Seoul are seen on Dec. 23, 2025. [YONHAP]

Household loans fall for 1st time in 11 months amid tight lending rules

Household loans extended by Korean banks fell for the first time in 11 months in December amid tightened lending regulations aimed at cooling the overheated property market in the capital region, central bank data showed Wednesday.

2026.1.14

Displayed is a poster for loans at a bank in Seoul. Household loans lent out by the top five banks in January increased by 2.238 trillion won ($1.71 billion) from the end of December, according to the finance sector on Wednesday. Household loans made by the top five banks have increased for eight consecutive months. [YONHAP]

Household loans rising

Household loans lent out by the top five banks in January increased by 2.238 trillion won ($1.71 billion) from the end of December, according to the finance sector. Household loans made by top five banks have increased for eight consecutive months.

2024.1.3

A promotional banner displayed at a bank in Seoul on April 10 [YONHAP]

Eager buyers and renters cause household loans to rocket

Household loans grew three months in a row to June led by soaring demand for housing.

2023.7.12

A person pedals by a banner advertising loans in Seoul on Tuesday. [NEWS1]

Household debt decreases at fastest pace ever in first quarter

Korea's household debt in the first quarter decreased at the fastest pace ever amid high-interest rates and loan regulations. The amount of household debt in the first quarter stood at 1,853.9 trillion won ($1.4 trillion), down 13.7 trillion won...

2023.5.24

A bank branch in Seoul on Monday. According to the bank industry, the total balance on household loans by the five leading banks in Korea — KB Kookmin, Shinhan, Hana, Woori and NH Nonghyup — in July shrunk 0.27 percent compared to a year ago to 697.7 trillion won. The balance on household loans has been shrinking as interest rate hikes to combat inflation have increased burden. [YONHAP]

Shrinking household loans

The balance on household loans has been shrinking as interest rate hikes to combat inflation have increased burden.

2022.8.1

Bank lending to households increases 300 billion won in June

Household loans extended by banks in Korea grew for the third straight month in June as home-backed lending picked up due largely to loan demand for home rentals, central bank data showed Tuesday.

2022.7.12

Loans to households decline for a third straight month

Household loans extended by banks in Korea shrank for the third straight month in February as the central bank delivered a series of interest rate hikes to rein in inflation and household debt, central bank data showed Thursday.

2022.3.10