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S. Korea's household debt continues to rise in Nov. (The Korea Herald, Dec 11)
Attach Date 2019/12/11 HIT 230
Household debt extended by banks in South Korea continued to increase at a steady pace in November, while fresh bank deposits spiked at the highest level in nearly five years amid lack of viable places to park their money, central bank data showed Wednesday. Fresh bank loans extended to households came to 7 trillion won ($5.9 billion) in the month, slightly slowing from a 7.2 trillion-won increase the month before, according to the data from the Bank of Korea. Read More

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