Financial authorities need to tackle rising household debt to avert crisisSouth Korea's household debt is growing at an alarming pace amid lingering concerns about financial risks that might shoot up depending on a combination of internal and external factors.The debt service ratio, or DSR, for households in Korea stood at 13.6 percent last year, the second-highest among 17 major countries, the Bank of International Settlements said in a report. Australia ranked first with 14.7 percent DSR.The DSR is used as a metric by lenders and borrowers to measure the proportion of income that goes towards servicing debt obligations.

https://n.news.naver.com/mnews/article/044/0000248300?sid=104

#naver