[경제]Banks’ household loans surpassed KRW 1,000 trillion…the second ever increase in February

[앵커]

Banks’ household loans exceeded KRW 1,000 trillion at the end of February.

Compared to January, it is an increase of KRW 6.7 trillion, and as a whole, the financial sector has increased KRW 9,500 billion, making household debt management more urgent.

Reporter Park Byung-han reports.

[기자]

Every month, the amount of household loans to banknotes, which was a record-breaking record, exceeded KRW 1,000 trillion.

The Bank of Korea said that the bank’s household loan balance as of the end of February was 1.3 trillion won, an increase of 6.7 trillion won from the end of January.

The increase in household loans last month was the second largest since 2004, when statistics began to be prepared, following 9.3 trillion won in February last year.

Among household loans, the balance of mortgage loans, including cheonsei loans, rose to 733 trillion won, an increase of 6.4 trillion won in one month.

The balance of other loans, mostly credited by credit loans, was 26.9 trillion won, an increase of 300 billion won from the end of January.

Credit loans increased by KRW 2.6 trillion in January, but increased by KRW 300 billion in February. It is analyzed that the stock market recently entered an adjustment phase and the increase in credit loans greatly increased.

The total number of households in Korea as announced by the National Statistical Office in December last year is 23.34 million, and the average debt per household is estimated to reach 49.3 million won.

Accordingly, the ever-increasing household debt management is emerging as a major challenge.

[성태윤 / 연세대 경제학부 교수 : 주식시장과 부동산시장을 포함해 전반적인 가격 상승이 유동성이 기반해 이뤄지고 있는데 (앞으로) 가격 하락이 이뤄지고 금리가 올라가면 가계대출 부담이 크게 증가해 매우 위험한 요인이 될 수 있어 사전관리가 중요합니다.]

The increase in household loans for the entire financial sector in February, as revealed by the Financial Services Commission, was KRW 9.5 trillion, which was 2.8 trillion won more than the Bank of Korea’s total, which only dealt with bank loans.

Looking at the bank’s corporate loan balance, as of the end of February, it was 99.3 trillion won, an increase of 8.9 trillion won from January.

SME loans increased by 8.4 trillion won in a month, and large corporate loans increased by 600 billion won.

SMEs have increased financing through loans due to the need for Corona 19-related funds, but large companies raised funds through the issuance of corporate bonds, indicating that the increase in loans was low.

This is YTN Park Byung-han.

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]