Credit Loans at Five Major South Korean Banks Rise 2.55% in May
Outstanding credit loans reached 107 trillion won as of May 29, the fastest monthly growth since April 2021. Mortgage lending rose only 25 billion won in the same period.
upi.comKr reported. 55 percent monthly increase that marked the fastest pace since April 2021. 15 on May 29 after climbing above 8,000 on gains in chipmakers tied to demand for artificial intelligence semiconductors.
That benchmark first surpassed the 3,200-point mark in April 2021, the last time credit-loan growth matched the current rate. 27 trillion won on May 29, up 25 billion won from the end of April. 7 trillion won.
Growth in mortgage lending has moderated after the South Korean government tightened housing market regulations to curb home prices in the greater Seoul area. A loan service counter at a bank in Seoul was photographed on May 19, 2026. kr reported the data were compiled directly from the five banks.
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