South Korean industrial loans rose 30.6tn won, and working capital took 23.8tn won
30.6tn won. That is how much South Korean depository institutions added to industrial lending in the second quarter, taking the outstanding amount to 2,065.3tn won at the end of June.
Working capital took most of it. Those loans rose 23.8tn won during the quarter, while facilities-investment loans increased by 6.9tn won, according to the Bank of Korea's four-page release.
Service-sector lending increased by 19.9tn won and manufacturing loans rose 8.4tn won. Depository banks supplied 29.3tn won of the overall increase, including 16.5tn won for large corporations and 11.4tn won for small and medium enterprises.
The figures are preliminary.
