Local banks expected to limit household loan growth to 1% this year: sources
Source ↗
👁 0
💬 0
Major lenders in Korea are expected to limit the growth in their household loans to 1 percent this year, industry sources said Sunday, sharply lower than their initial target of around 2 percent and also lower than the 1.5 percent earlier suggested by authorities. KB Kookmin, Woori, Hana, Shinhan and NH Nonghyup are expected to set average growth targets of around 1 percent, which would translate into a combined increase of roughly 6.45 trillion won ($4.34 billion) in household lending this year
Comments (0)