Household loan debt continues upward trend in Korea
![A pedestrian walks past an advertisement promoting mortgage loan products at a bank in Seoul on Sunday.[YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/07/21/55062a44-e6fd-4bea-8220-dbf3924974ac.jpg)
A pedestrian walks past an advertisement promoting mortgage loan products at a bank in Seoul on Sunday.[YONHAP]
A pedestrian walks past an advertisement promoting mortgage loan products at a bank in Seoul on Sunday.
The outstanding balance of household loans issued by five commercial banks in Korea stood at 712.18 trillion won ($511.81 billion) as of Thursday, up by 3.61 trillion won compared to the end of the previous month.
with the Korea JoongAng Daily
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