Showing posts with label Bank of Korea (BOK). Show all posts
Showing posts with label Bank of Korea (BOK). Show all posts

Wednesday, October 12, 2011

S Korean banks' household lending growth slows in September

SEOUL, Oct. 12 (Xinhua) -- South Korean banks' lending to households grew at a slower pace in September than a month before due to a reduction in credit loans, the central bank said Wednesday.

Household loans extended by local banks reached 448.7 trillion won (382.65 billion U.S. dollars) as of the end of September, up 0.6 trillion won from a month earlier, the Bank of Korea (BOK) said in a statement.