The Bank of Korea reported that depository corporations' industrial loans increased by KRW 35.6 trillion quarter on quarter in Q1 2026, taking the outstanding stock to KRW 2,061.8 trillion at end-March and lifting year-on-year growth to 4.0%. The increase was driven mainly by working capital lending and by stronger credit flows to the services and manufacturing sectors. Working capital loans rose by KRW 26.2 trillion, while facilities investment loans increased by KRW 9.4 trillion. By industry, lending to services grew by KRW 24.0 trillion and lending to manufacturing by KRW 11.1 trillion, while construction edged up by KRW 0.4 trillion and agriculture, forestry and fishing was broadly unchanged. Depository banks expanded industrial lending by KRW 25.0 trillion. Within services, the largest increases were in finance and insurance at KRW 9.8 trillion and wholesale and retail trade at KRW 4.9 trillion.
Bank of Korea2026-06-08
Bank of Korea reports KRW 35.6 trillion rise in depository corporations' industrial loans in first quarter of 2026
The Bank of Korea reported that depository corporations’ industrial loans rose by KRW 35.6 trillion in Q1 2026 to KRW 2,061.8 trillion, lifting year-on-year growth to 4.0%. The increase was driven mainly by working capital lending and higher credit to the services and manufacturing sectors, with notable gains in finance and insurance and wholesale and retail trade.