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The Korea Times — Top Storieskoreatimes.co.kr

Card issuers turn to small-business lending as consumer loan curbs squeeze growth (opens original article in a new tab)

TL;DR

Card issuers in South Korea are expanding into small-business lending as consumer loan curbs limit growth opportunities.

  • Card issuers are shifting focus to small-business lending due to consumer loan restrictions
  • Financial authorities are tightening household debt regulations
  • Industry officials report expansion into sole proprietor and small-business loans

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