South Korea's loans fall in 2013
(MENAFN) South Korean banks saw a fall in Foreign-currency loans in 2013 compared to 2012, as the strong currency of the country helped borrowers repay their outstanding debts, according to Iran Daily
Foreign currency-denominated loans extended by local banks were estimated at USD25.17 billion by the end of 2013, lower than in 2012 by USD4.77 billion
Dollar-denominated loans extended by local banks stood at USD17.34 billion at the end of last year, up from USD16.69 billion a year ago
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