The rapid growth of household loans in South Korea that started in the second half of last year shows little sign of letting up.
 
According to the Financial Supervisory Service (FSS) Thursday, the amount of loans South Korean households had taken out from local banks stood at 615-point-one trillion won as of the end of September, up six-point-two trillion won from a month earlier.
 
It is smaller than the seven-point-seven trillion won bank loan growth seen in August, but remains higher than usual.
 
Mortgage loans tallied 457-point-three trillion won as of September, up five-point-nine trillion won from a month earlier and nearly the same monthly growth recorded in August.
 
The FSS attributed the rise in household lending to low interest rates and increased housing transactions.