The outstanding balance of household loans in all financial sectors rose KRW10.1 trillion from the previous month at the end of June 2021 (up 9.6% y-o-y). The household loan balance increased KRW6.3 trillion in the banking sector and KRW3.8 trillion in the non-banking sector.

 All financial sectors (y-o-y): +10.0% (Apr 2021) → +9.6% (May 2021) → +9.6% (Jun 2021)

By type, mortgage loans expanded KRW6.3 trillion in June, growing at a faster rate compared with the previous month (up KRW4.5 trillion y-o-y) due to active housing market transactions.  Other types of loans including credit loans increased KRW3.7 trillion, remaining at a similar level to the average monthly growth rate (up KRW4.5 trillion) in the first half of this year.