South Korean bank halves mortgage cap to curb household debt

· upi.com

KB Kookmin Bank will cut its ceiling on home-purchase mortgage loans by half as part of an aggressive move to tighten management of household lending.

A KB Kookmin Bank branch in Seoul. Photo by Hyojoon Jeon/ UPI

July 8 (Asia Today) -- KB Kookmin Bank will cut its ceiling on home-purchase mortgage loans by ha...


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