Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag South Korea's household lending slowed in September amid tighter rules and falling apartment sales, though corporate borrowing rose.

flag South Korea's household lending rose 2 trillion won in September, the slowest pace in six months, driven by mortgage demand despite tighter regulations and declining unsecured loans. flag Apartment transactions dropped to 34,000 in August, signaling a cooling market. flag The central bank has cut its benchmark rate to 2.50% in 2024 to support growth. flag Corporate lending increased by 5.3 trillion won, with small firms leading the rise.

3 Articles