Growing up [South Korea Jeongseon financial newspaper reporters - one trillion mid-1300 household debt levels and our economy has become the detonator. Atda exceeded 140 trillion won last year, the annual added value.
According to the Bank of Korea 21 days at end-2016, household credit balances surged 141.2 trillion won (11.7%) than the end of 2015 to 1344 3000 1 trillion won (1203 1000 1 trillion won).
The household credit balance exceeded 1,300 trillion won for the first time since 2002, the Bank of Korea started to come up in household credit statistics. The increase is also more than 140 trillion won per year over a maximum of Thought 2015 (117.8 trillion won).
It includes household credit is up to the bank, etc. including two non-bank financial institutions borrowed loans and payment card usage before selling a comprehensive indicator of household credit debt.
The Bank of Korea has become a benchmark rate of real estate pre-sale market enabled away game last year until June record low of 1.25% a year to greatly increase the pool of household debt.
In the household sector credit per household loan balances increased by 133.6 trillion won the previous year (11.7%) in 1271 6000 1 trillion won.
It is noticeable mutual savings banks, credit unions, mutual credit, community credit cooperatives, French was Trust, post office deposits, etc. compared to the previous year 42 in household debt balance of 291.3 trillion won in the non-bank deposit handling institutions trillion won (17.1 percent) is the point.
Suyocheung financial authorities did not exceed the threshold bank credit screening guidelines also enhanced the income test in February last year, the mortgage banks is analyzed that has shown the 'balloon effect' move to the non-banking sector.
The Bank of Korea said, "Focusing on the mutual financial institutions and community credit cooperatives By loan type By expanding the growth rate was mainly mortgage loans.
Household deposits in banks increased loan balance is 617.4 trillion won last year, not the year to 53.7 trillion won one (except housing mortgage finance construction of transfer min). The 2015 (44.1 trillion won) compared to 9.6 trillion won increase in value. The balance of mortgage institutions handling deposits increased by 561.3 trillion won to 60 trillion won.
The Bank of Korea analyzed that "deposit bank lending rates rise, the growth rate was reduced while strengthening risk management, such as an increase in the bank's mortgage loans decreased.
Sales credit balances increased by the end of December last year, 7.6 trillion won from the previous year to the current 72.7 trillion won. In particular, the added value increased 4.8 trillion won in the fourth quarter (October-December) recorded a record high on a quarterly basis.
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