Most Popular
-
1
A decade lost: Sewol survivors on life after tragedy
-
2
Opposition victory upends ruling party's plans
-
3
Why don’t trainee doctors, medical professors see eye to eye?
-
4
Taking risk or targeting global fans? Netflix pushes ahead with 'Goodbye Earth' release
-
5
World reactions to Iran strikes on Israel
-
6
S. Korea to extend fuel tax cut through June amid Middle East tensions
-
7
Yoon flounders after election defeat
-
8
Israel says Iran launched more than 300 drones and missiles, 99% of which were intercepted
-
9
US confirms $6.4 billion chip subsidy for Samsung
-
10
N. Korea elevates high-level exchanges with China, Russia
Corporate loan growth in South Korea slightly picked up in the second quarter from three months earlier, central bank data showed Wednesday, mainly due to a modest gain in loans for the service sector.
The outstanding loans extended to local companies came to 1,478.5 trillion won ($1.27 trillion) as of end-June, up 42.7 trillion won from three months earlier, according to the data from the Bank of Korea (BOK).
By industrial sector, loans to manufacturing firms rose 4.9 trillion won on-quarter to 404.8 trillion won as of the end of June.
Total loans in the service sector expanded 33.7 trillion won to 945.5 trillion won, compared with a growth of 31.1 trillion won in the first quarter.
Lending to property businesses increased 12.1 trillion won to reach a record 307.6 trillion won in the April-June period.
Loans to wholesale and retail companies reached 213.5 trillion won as of the end of June, up 8 trillion won from a quarter earlier. (Yonhap)
The outstanding loans extended to local companies came to 1,478.5 trillion won ($1.27 trillion) as of end-June, up 42.7 trillion won from three months earlier, according to the data from the Bank of Korea (BOK).
By industrial sector, loans to manufacturing firms rose 4.9 trillion won on-quarter to 404.8 trillion won as of the end of June.
Total loans in the service sector expanded 33.7 trillion won to 945.5 trillion won, compared with a growth of 31.1 trillion won in the first quarter.
Lending to property businesses increased 12.1 trillion won to reach a record 307.6 trillion won in the April-June period.
Loans to wholesale and retail companies reached 213.5 trillion won as of the end of June, up 8 trillion won from a quarter earlier. (Yonhap)
