COVID-19
Record Increase in South Korean Corporate Loan Levels
Corporate loans given out to companies in South Korea surged as a result of the coronavirus outbreak. The outstanding balance grew at an accelerated speed throughout the year and The second and third highest increases ever recorded were the March and May 2020 figures, respectively.
The balance of outstanding corporate loans in the country reached $786 billion (945.1 trillion Won) at the end of May,
Description
This chart shows the monthly outstanding total balance of corporate loans in South Korea and its monthly increase in 2020 (in billion U.S. dollars).
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