S. KOREA’S HOUSEHOLD CREDIT GREW BY $1.55 TRILLION IN Q4 2020

Highlights –

• S. Korea’s household credit grew by $1.55 trillion in Q4 2020.
• Mortgage loans rose by 20.2 trillion won on-quarter to 910.6 trillion won in Q4.
• Loan demand to buy stocks also rose due to the country's bull stock market.
• As of end-December, last year credit purchases stood at 95.9 trillion won.

South Korean central bank, Bank of Ko....