Household Loans at Five Major Banks Rise by 5 Trillion Won Last Month... Growth Accelerates

The increase in household loans by banks in May was larger than the previous month. According to the financial sector on June 2, the outstanding balance of household loans at the five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) at the end of May 2025 stood at 748.0812 trillion won, an increase of 4.9964 trillion won compared to the previous month.

This is 462.7 billion won more than the increase in April (4.5337 trillion won), and 3.1972 trillion won more than the increase in March (1.7992 trillion won).

The main driver of the growth in household loans was mortgage loans. The outstanding balance of mortgage loans increased by 4.2316 trillion won from the previous month to 593.6616 trillion won. This increase is 482.1 billion won greater than the April increase (3.7495 trillion won).

The outstanding balance of personal credit loans rose by 821.4 billion won from the previous month to 103.3145 trillion won. Although this is less than the 886.8 billion won increase in April, the upward trend continued.

The balance of time deposits at the five major banks increased by 18.3953 trillion won from the previous month to 940.8675 trillion won. Installment savings increased by 1.1964 trillion won to 41.6654 trillion won. Demand deposits decreased by 2.609 trillion won to 626.7489 trillion won.