Korean service industry loans increased ₩19.9 trillion in the second quarter, Yonhap reported Monday using Bank of Korea data. Outstanding service industry loans reached ₩1,313.1 trillion at quarter-end, marking the largest quarterly increase since late 2022.
Real estate lending grew ₩6.2 trillion, while loans to financial and insurance companies also increased ₩6.2 trillion. Across all industries, outstanding loans reached ₩2,065.3 trillion after increasing ₩30.6 trillion during the quarter.
Manufacturing loans grew ₩8.4 trillion during the quarter to reach ₩521.5 trillion, according to the same official statistical release. Shinhan Financial Group Co., Ltd. (055550): The company's market capitalisation was ₩53.5 trillion at Monday's close.
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| Symbol | Last Price |
|---|---|
| 055550Shinhan Financial Group Co., Ltd. | ₩113,900 +3.3% |