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Household loans surge

2015-05-19 00:36:17| Real Estate - Topix.net

The growth of commercial banks' lending to the household sector climbed to its highest rate in seven years last month in the wake of the brisk trading in the real estate market, data showed Sunday. According to the Bank of Korea, banks' outstanding household loans reached 579.1 trillion won in April, posting an 8.46 trillion won increase from a month earlier.

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