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Household loans from banks in South Korea rose by 5 trillion won (about $3.7 billion) in October, a tenfold increase from the 500 billion won gain in September, according to Bank of Korea data released on November 11. The Korea Times and Yonhap report that loans at five major lenders—including KB Kookmin Bank—rebounded to a record high despite tightened borrowing regulations and higher rates, driven by increases in both mortgage and credit loans. Business Korea similarly notes the rebound at the five major commercial banks followed a decline in September, with mortgage demand expanding.