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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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news.sky.comThe second wave of U.S. strikes began at 6 a.m. ET on July 16 and lasted 90 minutes. Iran closed the Strait of Hormuz over the weekend, cutting traffic that once carried one-fifth of global oil and LNG shipments.
bloombergquint.comThe trade pact eliminated UK tariffs on Indian jewellery. Indian indices fell while US markets rose on bank earnings. TSMC expanded its Arizona investment.
Abc NewsThe central bank lifted its policy rate by 0.25 percentage points on July 15. All seven monetary policy committee members backed the move amid inflation above target and rising household debt.