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OVERDUE LOANS ON CREDIT CARDS EXCEEDS US$7.62 BLN IN NOV, 2002.

AsiaPulse News

| January 02, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Jan 2 Asia Pulse - Overdue credit card loans totaled 9.06 trillion won (US$7.62 billion) as of the end of November, up 8 per cent from October, the Financial Supervisory Service (FSS) said yesterday.

The figure stood at 6.24 trillion won in June and continues to rise, totaling 7.92 trillion in September.

Overdue loans by non-bank credit card operators totaled 5.66 trillion won in November, up 9.1 per cent from October.

Overdue loans on ...

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