S. Korea’s financial market stable but imbalance remains a worry

Orderly exit: A file picture showing people at a shopping district in Seoul. BoK calls for vigilance against a rise in debt of households and companies. — Bloomberg

SEOUL: South Korea’s financial market continues to be stable, but a build-up of financial imbalance remains worrisome, according to the Bank of Korea (BoK).

In a regular report on financial stability, the BoK also called for vigilance against a rise in debt of households and companies amid the Covid-19 pandemic, Yonhap reported.