And Korean households continued to take on
more debt last month, but more slowly than
the same time a year before.
The Bank of Korea says household debt of all
kinds rose in March by around 731 billion
U.S. dollars as of the end of last month.
But that was only one fifth of the amount
it rose the same month last year.
Mortgages rose by the biggest amount in three
months… while non-mortgage loans, including
lending through overdraft lines of credit,
edged up slightly.

S. Korea’s household lending during March 1/5 that of March 2018
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