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flag South Korea's household borrowing rose in October for the ninth straight month, driven by mortgages, investments, and holiday spending.

flag South Korea's household lending rose 3.5 trillion won in October to 1,173.7 trillion won, marking the ninth straight month of growth, driven by increased mortgage and credit borrowing for investments and holiday spending. flag Mortgage loans grew by 2.1 trillion won, while unsecured loans rebounded by 1.4 trillion won, fueled by stock market gains and lower interest rates. flag Corporate lending also increased, led by small firms. flag The central bank has cut rates to 2.50% to support the economy, while regulators expanded housing restrictions amid rising concerns over debt and property market activity.

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