Corporate loan growth accelerates in Q2
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2023-09-07 03:38
Corporate loan growth accelerates in Q2
corporate loans-Q2 tallyCorporate loan growth accelerates in Q2 SEOUL, Sept. 7 (Yonhap) -- Corporate loan growth in South Korea picked up in the second quarter from three months earlier, central bank data showed Thursday, mainly due to a gain in loans for the service sector. The outstanding loans extended to local companies came to 1,842.8 trillion won (US$1.379 trillion) as of end-June, up 24.3 trillion won from three months earlier, according to the data from the Bank of Korea (BOK). The second-quarter increase is larger than the previous quarter's 20.

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