Household loan growth continued, with the average balance of domestic household loan borrowers exceeding 95 million won at the end of the third quarter for the first time.
According to the Bank of Korea data submitted by Park Sung-hoon, a member of the National Assembly's Strategy and Finance Committee, the average loan balance per person of household loan borrowers was 95.05 million won as of the end of the third quarter.
The average loan balance increased by 5 million won in three years and six months after exceeding 90 million won at the end of the first quarter of 2021.
During this period, the benchmark rate rose steeply from 0.5% to 3.5%, but the increase was notable as the average loan balance increased for five consecutive quarters from the second quarter of last year to the third quarter of this year.
In the meantime, unlike the delinquency rate for household loans in the banking sector, which remained unchanged in the third quarter, the delinquency rate for household loans in the non-banking sector rose 0.06 percentage points from the previous quarter to 2.18%, the highest level in nine years.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]