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[Monitor] Household debt rises in August

By Korea Herald
Published : Sept. 8, 2016 - 17:44


South Korea’s household debt rose in August despite the government’s efforts to curb mortgage loans extended by banks, central bank data showed Thursday. The balance of household loans amounted to 682.4 trillion won ($623 billion) as of the end of August, up 8.7 trillion won from a month earlier, according to the Bank of Korea.

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