Finance . South Korea . 8 days ago
Insurance firms' lending down in Q1: data | Yonhap News Agency

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SEOUL, May 27 (Yonhap) -- Loans extended by insurance companies here fell in the first quarter of this year from three months earlier due to increased lending to households, data showed Wednesday.Insurers' outstanding loans reached 264.1 trillion won (US$176 billion) as of end-March, down 1.1 trilli