Yonhap Infomax NewsSouth Korea’s card loan balances fell for a second month in July as tighter household debt rules and stricter DSR limits curbed new lending, with major card issuers reporting a combined 42.49 trillion won in outstanding loans.
#YonhapInfomax #CardLoan #HouseholdDebt #DSR #CreditCardIssuers #FSCRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77870
#YonhapInfomax #CardLoan #HouseholdDebt #DSR #CreditCardIssuers #FSCRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77870
Card Loan Balances Fall for Second Consecutive Month in July on Tighter Household Lending Rules
South Korea’s card loan balances fell for a second month in July as tighter household debt rules and stricter DSR limits curbed new lending, with major card issuers reporting a combined 42.49 trillion won in outstanding loans.