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Financial News: South Korea's Household Debt Growth Eases In Q3

South Korea's Household Debt Growth Eases In Q3

11/22/2017 - 00:03:00 (RTTNews)

(RTTNews) - South Korea's household debt grew at a slower pace in the third quarter, figures from Bank of Korea showed Wednesday.

The annual growth in household credit eased to 9.5 percent from 10.4 percent a quarter ago.

On a quarterly basis, outstanding household credit showed an increase of 2.2 percent versus 2.1 percent rise in the preceding period.

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