2023-09-11 06:37
Internet banks capture $1.73 mn slice of mortgage loan pie
KakaoBank office in Pangyo, Gyeonggi Province. [Photo by Kim Ho-young] KakaoBank and K bank, South Korea's top two internet-only banks, experienced a significant surge in demand for home mortgage loans that collectively totaling over 2.3 trillion won ($1.73 billion) over a period of two months.The internet banks have been capturing a growing share of the housing loan market, with KakaoBank alone reporting a substantial increase in its loan portfolio and its loan growth in the sector already outpacing that of the five major commercial banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup).

https://n.news.naver.com/mnews/article/009/0005184889?sid=104

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