06 Mar 2019, Gergana Bencheva, EMIS Editor
S Korea’s corporate loans see growth slow down in Q4 2018
Over the last quarter of 2018, corporate loans to manufacturing firms dropped by KRW 2.2 trillion quarter-on-quarter to KRW 344.8 trillion. Loans in the service sector expanded by KRW 17.3 trillion to KRW 677 trillion.
The most successful industry over the reported period was the restaurant and hotel sector. Between October and December 2018 it added KRW 3.9 trillion to reach a record-high of KRW 200.2 trillion, Yonhap News noted.
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