S. Korean banks to tighten lending standard in Q3
SEOUL, July 17 (Xinhua) -- South Korean banks planned to tighten lending standard in the third quarter on lingering economic uncertainties, central bank survey showed Wednesday.
The lending attitude index came in at minus 15 for the July-September quarter, down from minus 6 in the previous quarter, according to the Bank of Korea (BOK) poll of 204 banks and other financial institutions conducted between June 4 an