January 12, 2011 / 3:01 AM / 9 years ago

South Korea Dec household loan growth slows vs Nov

SEOUL, Jan 12 (Reuters) - Monthly growth in banks’ lending to South Korean households eased from a six-month high, central bank data showed on Wednesday, while the government is preparing steps to tame soaring home leasing and rent fees.

Banks’ household lending expanded by a net 2.1 trillion won ($1.9 billion) in December from November when it spiked by 4.1 trillion won which was its biggest monthly gain since May.

Home-backed mortgage loans grew by 2.7 trillion won following a rise of 2.9 trillion won in November, the Bank of Korea said in a statement.

Separately, the finance ministry said in a statement for this year’s first economic policy coordination meeting that it would discuss ways to contain spiralling house lease and rent fees and include them in a package of anti-inflation measures to be announced on Thursday. ($1=1124.0 Won) (Reporting by Kim Yeonhee; Editing by Jacqueline Wong)

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