Household loans fall as banks maintain tight lending rules: data

Household loans by major banks fell for the first time in six months in September, as banks continue to strictly manage rapid borrowing, financial data showed Sunday. Outstanding household loans at five major lenders -- KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank and NH NongHyup Bank -- stood at 781.39 trillion won ($580.49 billion) as of Thursday, down 727.6 billion won from the end of August, according to the data compiled by the banks. It marks the first time since March the monthly