Household loan growth in the top five banks slowed down...Last month's KRW 1.1 trillion ↑

The rise in household loans by commercial banks slowed last month, the report showed.

As of the end of last month, the balance of household loans by KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup was 732.81 trillion won.

The rise has decreased significantly, with an increase of KRW 1.1114 trillion from the end of September.

After reaching an all-time high of KRW 9.6 trillion in August, it reached only KRW 5.6 trillion in September, and the growth continued to slow down.

Mortgage loans also rose to 1.923 trillion won, down from 8.9 trillion won in August and 5.9 trillion won in September.