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Sunday, September 20, 2026

S. Korean online bank small business loans jump 50%

 South Korean internet-only banks reported a 50.6% surge in small-business loans to 8.32 trillion won ($5.98 billion) at the end of June, Yonhap reported.

Financial data from K-Bank, Kakao Bank, and Toss Bank show that lenders grew their business loans following tighter household lending regulations.

The three banks reached a combined loan balance of 83.63 trillion won ($60.3 billion) at the end of June.

https://breakingthenews.net/Article/S.-Korean-online-bank-small-business-loans-jump-50/67137934

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