Household loans grow slowest in 7 months in Sept. on tighter rules, higher rates
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Household loans extended by banks increased by the smallest in seven months in September amid tightened lending regulations and higher interest rates, central bank data showed Thursday. Outstanding household loans extended by banks stood at 1,198.9 trillion won ($895.5 billion) last month, up 0.6 trillion won from a month earlier, slowing from the previous month's 3.5 trillion-won rise, according to data from the Bank of Korea (BOK). The September gain marks the smallest since March this year wh
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