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S. Korea's household credit in Q1 records US$ 1.3 tril., up 4.9% y/y: BOK Updated: 2019-05-22 16:20:38 KST

The average amount of household debt in Korea grew in the first quarter, but the rate of increase has slowed down.
The Bank of Korea says household debt grew to one.three trillion U.S. dollars - a five percent on-year rise.
The on-year growth rate hit a record 11.six percent back in 2016, but has been slowing down since, mainly thanks to the government's tighter lending regulations.
Reporter :
KOGL : Korea Open Government License
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