Credit loans at local banks sharply rise in May amid stock rally
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Source: South Korea
Published: 2026-05-31 11:33 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
SEOUL, May 31 (Yonhap) -- Credit loans at major South Korean banks surged in May at the fastest pace in more than five years, data showed Sunday, as investors increasingly took out loans to buy stocks amid a record-breaking market rally.
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