Local banks expected to limit household loan growth to 1 pct this year: sources

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Source: South Korea
Published: 2026-04-12 12:12 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Asia Pacific
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Snippet:
SEOUL, April 12 (Yonhap) -- Major lenders in South Korea are expected to limit the growth in their household loans to 1 percent this year, industry sources said Sunday, sharply lower than their initial target of around 2 percent and also lower than the 1.5 percent earlier suggested by authorities.
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