Nov. 10 (Bloomberg) -- South Korea’s bank lending to households increased by 3.2 trillion won ($2.8 billion) last month to a record 451.8 trillion won, the Bank of Korea said in an e-mailed statement today.
Mortgage lending rose 2.4 trillion won to 302.1 trillion won, today’s report showed. Loans to companies increased by 7.4 trillion won to 561.1 trillion won.
The broadest measure of money supply, M2, gained 4.2 percent in September from a year earlier, according to a separate central bank statement. The gauge rose 4 percent in August.
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