Risky PF loans fall in Q2: watchdog

Korea Times News ·
South Korea

Outstanding loans extended to risky real estate development projects fell in the second quarter of the year via sell-offs or recapitalization, the financial watchdog said Tuesday. According to the Financial Supervisory Service (FSS), 15.1 trillion won (US$11.3 billion) in loans extended to real estate projects were classified as risky at the end of June. The reading marks a drop from 16.4…

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