South Korean banks forecast the credit risks of households to stay high in the second quarter on concerns over excessive household debt, the central bank said Thursday. An index gauging larger firms' credit risks came in at 25 for the April-June period, unchanged from the previous quarter, according to a survey of 16 local banks conducted by the Bank of Korea (BOK). The number marked the highest level since 28 tallied for the first quarter of last year.
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All rights reserved to Arab Today Media Group 2021 ©
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