20.05.2011 - S.Korea watchdog says more real estate loans may turn sour |
South Korea's financial supervisor said additional real estate project financing loans might go sour due to the prolonged slump in the property market. The Financial Supervisory Service (FSS) said in a statement that 18 domestic banks held 6.7 trillion Korean won ($6.16 billion) in distressed real-estate project financing loans at end-March, up from 6.4 trillion won at the end of December..............................................Full Article: Source |