SEOUL – South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount in almost two years, central bank data showed on Wednesday, amid mounting worries by policymakers. Total borrowing from banks increased by 6.0 trillion won ($4.55 billion) to stand at a fresh record high of 1,068.1 trillion won at the end of July, according to the Bank of Korea (BOK). It was bigger than the monthly increase of 5.8 trillion won in June and the biggest since September 2021.

https://business.inquirer.net/414984/south-korea-household-borrowing-grows-further-countermeasures-eyed

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