In September, the main loans of the five major commercial banks surged by 2.8 trillion won… Household loan exceeds 682 yen
A view of the Yeouido apartment. Photo = Infostock Daily
[인포스탁데일리=허준범 기자] The household loan balance of Korea’s five largest commercial banks increased for five consecutive months. In particular, housing mortgage loans surged by more than 2.8 trillion won in one month.
According to the banking industry on the 4th, the household loan balance of the five major commercial banks, including KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup, was KRW 682.3294 trillion as of the end of September, an increase of KRW 1.5174 trillion from KRW 680.812 trillion in August.
Household loans from the five major banks have continued to increase for five consecutive months since last May. The increase in household loan growth is the result of a significant increase in housing mortgage loans.
Last month, the balance of the mortgage loan amounted to 517.8588 trillion won, an increase of 2.8591 trillion won compared to the end of August.
Looking at the monthly increase in mortgage loans, it is increasing explosively: ▲693.5 billion won in May ▲1.7245 trillion won in June ▲1.4868 trillion won in July ▲2.1122 trillion won in August.
The market analyzed that mortgage loans are continuing to increase as real estate transactions recover. Bank lending interest rates are expected to continue to rise for the time being.
Recently, JP Morgan Chase Chairman Jamie Dimon suggested the possibility that the U.S. Federal Reserve could raise interest rates to 7%.
The highest interest rate for mortgage loans at the five major commercial banks has already exceeded 7%.
As of the 26th of last month, the variable mortgage interest rates of the five major banks, including KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup, were 4.17-7.11%.
Reporter Heo Jun-beom [email protected]
2023-10-04 08:17:56
#September #main #loans #major #commercial #banks #surged #trillion #won.. #Household #loans #exceed #KRW #Infostock #Daily
