In April 2026, the outstanding balance of household loans across all financial sectors increased KRW3.5 trillion (preliminary), growing at a similar pace compared with the previous month (up KRW3.5 trillion).
(By Type) Home-backed mortgage loans rose KRW5.5 trillion, growing at a faster pace compared with the previous month (up KRW3.0 trillion). Mortgage loans in the banking sector (down KRW0.02 trillion → up KRW2.7 trillion) edged back higher from a decline a month ago but expanded at a slower pace in the nonbanking sector (up KRW3.0 trillion → up KRW2.8 trillion).
Other types of loans dropped KRW2.0 trillion, edging back down from the increase of KRW0.5 trillion in the previous month with credit loans (down KRW0.2 trillion → down KRW0.8 trillion) falling at a faster pace.
(By Sector) In April 2026, household loans in the banking sector rose KRW2.2 trillion, growing at a faster pace from a month ago (up KRW0.5 trillion). Banks’ own mortgage loans (down KRW1.5 trillion → up KRW1.3 trillion) edged back up, while policy-based mortgage loans (up KRW1.5 trillion → up KRW1.4 trillion) grew at a slower pace. Other types of loans (down KRW0.6 trillion) shifted back lower from the growth of KRW0.5 trillion a month ago.
In the nonbanking sector, household loans rose KRW1.3 trillion, growing at a slower pace compared with the previous month (up KRW3.1 trillion). Mutual finance businesses (up KRW2.8 trillion → up KRW2.0 trillion) saw household loans growing at a slower pace, while savings banks (down KRW0.4 trillion → down KRW0.02 trillion) saw household loans declining at a slower pace. Insurance companies (up KRW0.5 trillion → down KRW0.4 trillion) and specialized credit finance businesses (up KRW0.1 trillion → down KRW0.2 trillion) saw household loans edging back lower from the growth seen in the previous month.
(Assessment) In April 2026, the outstanding balance of household loans (up KRW3.5 trillion → up KRW3.5 trillion) expanded at a similar level compared with a month ago, despite a faster growth seen in mortgage loans (up KRW3.0 trillion → up KRW5.5 trillion), as other types of loans (up KRW0.5 trillion → down KRW2.0 trillion) including credit loans fell and the pace of growth slowed down in the nonbanking sector (up KRW3.1 trillion → up KRW1.3 trillion). However, there still exist potential risks as increased housing transactions in the first quarter pushed up the growth of bank’s own mortgage loans (down KRW1.5 trillion → up KRW1.3 trillion).
In this regard, financial authorities will closely monitor the banking sector’s mortgage loan management targets to ensure stability in the housing market. At the same time, financial authorities will continue to work to strengthen inspections on violations of loan regulations (e.g. misuse of business loans) and rule-breaking activities in the housing market.
* Please refer to the attached PDF for details.