2025-04-10 | 84336

Household Loans, March 2025

The Financial Services Commission reported that household loans increased by KRW0.4 trillion in March 2025, marking a significant deceleration from the previous month's growth. This slowdown was driven by reduced expansion in home mortgage loans and a decline in other loan types, particularly within the nonbanking sector. Authorities anticipate upcoming regulatory impacts on housing transactions and urge financial institutions to maintain voluntary debt management efforts ahead of potential interest rate cuts.

Financial Services Commission Korea logo

South Korea

Financial Services Commission Korea

Click to view full text