South Korea’s household loans rose KRW5.3t in April 2025

Household loans extended by banks rose at a faster pace compared to the previous month.

South Korea’s household loans rose to $3.8b (KRW5.3t) in April 2025, according to preliminary data from the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS).

Home backed mortgage loans rose to $3.45b (KRW4.8t), rising at a faster pace than the previous month.

Other types of loans increased $358.87m (KRW0.5t), shifting back up from the KRW3t decline the previous month.

Household loans in the banking sector rose at a faster pace compared to the previous month, with $3.45b (KRW4.8t) in loans added in April.

Banks extended KRW1.9t in mortgage loans during the same month, and KRW1.9t in policy-based loans.

A rise in credit loans pushed up the amount of other types of loans extended by banks in April to KRW1t.

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