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Gu Yun-cheol

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Situations

[ACTIVE] [BUSINESS] [KR]

South Korean debt stress, bank profits and credit risks

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Latest: South Korean card loan rates drop to 13% despite rising funding costs

In mid-August 2026, South Korea’s household credit was projected to exceed 2,000 trillion won. To manage this, the Financial Services Commission doubled the annual household debt growth target from 1.5% to 3.0%. In respo

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