Household loans given to five large banks in South Korea continue to rise, the data shown on Sunday, between local stock markets and healing markets at home. Home loans expanded by five major commercial banks here, including KB Kokmin, Shinhan and Keb Hana, who got 750.08 trillion) since the start of Thursday, according to data.
Banks reported a continuous increase in new household loans from a 1.8 trillion that won March to April and 4.99 trillion won last month.
Uncertain loans arrived at 103.9 trillion that won, adding 600 billion won the same time to reach the highest level since November.
Market guardians acknowledge the recent increase in home loans for strong demand for investment in land and financial markets.
The five large banks extended more than 3 trillion that won the fresh home home loan for the household purchases in the first month for almost a year.
Last week, the outdoors of Seoul raised to 0.25 percent from last week, showing the highest weekly rise from August at the end of year land from Korea real estate board.
Amid the signs of a heat-up in the housing market, the Financial Services Commission and the Financial Supervisory Service Plan to hold a meeting with officials, including major banks, Monday to call for measures in the household loans, according to the source of familiar with the matter.
Meanwhile, a large portion of an uncertain loan is supposed to be used for stock and cryptocurrency purchases, which are deposits in the three years, according to the data that Korea has met financial investment.
Benchmark Korea Composite Stock Fain Index (KOSPI) has been raised for seven consecutive sessions to Thursday, which exceeded 2,900-point marks for the first time since January 14, 2022.
