South Korea's mortgage tax breaks boost lending

05/8/2013 | MK.co.kr (South Korea)

Government tax breaks for South Korea's first-time home buyers announced at the beginning of April have produced quick results, with a surge in mortgage loans. Separately, corporate loans rose at an accelerated pace of 5.9 trillion won in April, nearly doubling the 3 trillion won in March.

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MK.co.kr (South Korea)

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