Household Loans, August 2026

In August 2026, the outstanding balance of household loans across all financial sectors increased KRW2.6 trillion (preliminary), growing at a slower pace compared with the previous month (up KRW6.4 trillion). (By Type) Home-backed mortgage loans increased KRW4.3 trillion, which showed a slowing down from the previous month (up KRW3.6 trillion). Banks (up KRW3.5 trillion up KRW4.0 trillion) and nonbanks (up KRW0.1 trillion up KRW0.3 trillion) both saw the pace of growth accelerating. Other types of loans edged down KRW1.7 trillion, shifting back down from a growth of KRW2.8 trillion in the previous month with credit loans falling KRW0.5 trillion from an increase of KRW2.1 trillion a month ago. (By Sector) In August 2026, household loans in the banking sector went up KRW3.4 trillion, growing at a slower pace from the previous month (up KRW5.5 trillion). Banks own mortgage loans (up KRW2.5 trillion up KRW2.9 trillion) and policy-based mortgage loans (up KRW1.0 trillion up KRW1.1 trillion) both edged up at faster rates, while other types of loans shifted back down from the previous months growth (up KRW2.0 trillion down KRW0.6 trillion). The nonbanking sector saw household loans dec...