More couples in Korea are using loopholes to apply for loan programs for families with newborns by not registering marriages or both parents' names. They criticize the government for its income-based support measures amid the low birthrate crisis.
The growth of household loans extended by banks slowed in February as people paid back credit loans using holiday bonuses.
The four major financiers of the country claimed a cumulative increase of 48.8 percent in the total sum of loans deemed impossible to retrieve.
Korea’s household credit growth slowed in the fourth quarter of last year as the real estate market remained weak amid high borrowing costs.
Hwang Ui-jo has joined Turkish team Alanyaspor on a loan through the end of the 2023-24 season with no buy option, the club announced Tuesday.
Nottingham Forest striker Hwang Ui-jo looks set to move to Turkish team Alanyaspor on a loan through the end of the 2023-24 season, according to reports Monday.
Banks in Korea are expected to ease their stance on extending loans in the first quarter of the year due to demand for home-backed loan refinancing programs, a central bank survey showed Tuesday.
Korean midfielder Kwon Hyeok-kyu has joined St Mirren on loan from Celtic for the remainder of the 2023-24 season
Tottenham Hotspur have signed RB Leipzig forward Timo Werner on loan until the end of the season. Spurs have the option to make the deal permanent in the summer.
Starting on Tuesday, individuals can switch residential mortgage and jeonse loans to lower interest rates online, eliminating the need to visit a bank.
Korea JoongAng Daily Sitemap