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South Korean bank halves mortgage cap to curb household debt

UPI
July 10, 2026 at 12:13 AM
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South Korean bank halves mortgage cap to curb household debt

KB Kookmin Bank will cut its ceiling on home-purchase mortgage loans by half as part of an aggressive move to tighten management of household lending.

KB Kookmin Bank will cut its ceiling on home-purchase mortgage loans by half as part of an aggressive move to tighten management of household lending.