Real estate credit accounts for nearly half of all loans for private sector: BOK

Nearly half of household and corporate loans are real estate loans, a factor limiting growth for the Bank of Korea The Bank of Korea pointed out that as money is concentrated in real estate, with nearly half of all personal and corporate debt in Korea being real estate-related loans, investment for growth is not being made. The Bank of Korea conducted a study with the Korea Institute of Finance on the 3rd.

Real estate credit accounts for nearly half of all loans for private sector: BOK

SEOUL, April 3 (Yonhap) -- Nearly half of all debts held by individuals and businesses in ...