Growth in South Korea’s household debt levels slowed while staying elevated on the back of steady mortgage lending, in data backing the case for the Bank of Korea to refrain from resuming the monetary ...

Central banks, by and large, have one overarching mandate: to ensure price stability and control inflation in a country. Policymakers in South Korea need to contend with another responsibility: ...

A Bank of Korea analysis has revealed that rapidly increasing household debt, primarily driven by real estate, has become a structural factor suppressing consumption. Over the past decade, the growth ...

SEOUL (Reuters) - South Korea will tighten borrowing rules from the second half of this year to manage the growth in household debt, the financial regulator said on Thursday, amid expectations the ...

A metric that often, if not always, comes up in the Bank of Korea's monetary policy decision is household debt. The BOK looks at it because of the exceptionally high household debt in the country, ...