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Real Estate Loans Surge by 100 Tril. Won Annually, Hindering Economic Growth

Summary by businesskorea.co.kr
An aerial view shows apartment complexes and residential area in Seoul. (REUTERS) Concerns have been raised that the excessive concentration of bank loans in real estate is hindering economic growth and damaging industrial competitiveness. Heads of monetary and financial authorities have unanimously stated the need to curb the growth of real estate loans. At a joint policy conference held by the Bank of Korea and the Korea Institute of Finance o…
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businesskorea.co.krbusinesskorea.co.kr

Real Estate Loans Surge by 100 Tril. Won Annually, Hindering Economic Growth

An aerial view shows apartment complexes and residential area in Seoul. (REUTERS) Concerns have been raised that the excessive concentration of bank loans in real estate is hindering economic growth and damaging industrial competitiveness. Heads of monetary and financial authorities have unanimously stated the need to curb the growth of real estate loans. At a joint policy conference held by the Bank of Korea and the Korea Institute of Finance o…

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businesskorea.co.kr broke the news in on Friday, April 4, 2025.
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