S. Korean banks' household lending rises for 5th month in August

SEOUL, Sept. 11 (Xinhua) -- South Korean banks' household lending rose for the fifth straight month due to robust demand for mortgage loan, central bank data showed Wednesday.

Debt owed by households to deposit-taking banks expanded 9.3 trillion won (6.9 billion U.S. dollars) from a month earlier to 1,130 trillion won (844 billion dollars) at the end of August, according to the Bank of Korea (BOK).

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