Kevin Xu
is this a potential korean bank run?
1 hour agoKevin Xukevinxu
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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South Korea's five major commercial banks have exhausted over 85% of their annual household loan growth limits in the first half of the year, driven by demand for home mortgages and direct stock market investments. With several banks already exceeding regulatory caps, a "lending cliff" is anticipated in the second half of the year as institutions are forced to restrict new loans. The sentiment reflects concerns over a potential bank run and the sustainability of the current stock market levels.

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Kevin Xu

Kevin Xu

By kevinxu

CEO @alpha_ai. Net worth $10,602,789.50. Current swing $IREN