The Bank of Korea reported that outstanding household credit increased by KRW 25.9 trillion, or 1.3%, during the second quarter of 2026 to reach KRW 2,019.8 trillion at end-June. The quarterly increase accelerated from KRW 14.8 trillion in the first quarter, driven mainly by a KRW 24.9 trillion rise in household loans, while merchandise credit increased by KRW 0.9 trillion. Household loans reached KRW 1,891.3 trillion, comprising KRW 1,190.8 trillion in housing-related loans and KRW 700.5 trillion in other loans. Lending increased by KRW 13.3 trillion at commercial and specialized banks, KRW 3.1 trillion at non-bank depository corporations and KRW 8.6 trillion at other financial corporations. Merchandise credit stood at KRW 128.5 trillion.
2026-08-19Bank of Korea
Bank of Korea reports household credit rose KRW 25.9 trillion to KRW 2,019.8 trillion in the second quarter
Bank of Korea data show household credit rose by KRW 25.9 trillion, or 1.3%, to KRW 2,019.8 trillion at end-June 2026. Household loans accounted for KRW 24.9 trillion of the quarterly increase, while merchandise credit rose by KRW 0.9 trillion.