Emir
New member
Why is South Korea in so much debt?
In its 2023 financial stability report, the Bank of Korea stated, “Following the COVID-19 pandemic, loans to non-bank institutes have sharply increased in the real estate and construction industries. The corporate debt ratio is especially high compared to other advanced countries.Mar 4, 2024
In its 2023 financial stability report, the Bank of Korea stated, “Following the COVID-19 pandemic, loans to non-bank institutes have sharply increased in the real estate and construction industries. The corporate debt ratio is especially high compared to other advanced countries.Mar 4, 2024