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South Korea card issuers’ revolving balances near ₩7 trillion

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  • Nine South Korean card issuers recorded ₩6.9994 trillion in revolving balances at August-end.
  • Revolving balances rose ₩123.5 billion, or 1.80%, from July.
  • Refinancing balances increased as card loans and cash advances declined for three months.
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