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Household debt reaches new heights on surge in loans from non-banking financial firms

People are borrowing more money from private lenders and non-banking financial firms, which in turn has led the total amount of household debt in Korea to surge to a record 1,870.6 trillion won ($1.38 trillion) in the third quarter, according to the Bank of Korea (BOK). According to the BOKs preliminary data, Tuesday, outstanding household debt, including the amount of credit used for the purchase of goods and services, increased in the July-September period by 2.2 trillion won from the three mo...
Soult Ukpyolsi South Korea Financial Supervisory Service Household Debt Record 1 870 6 Trilion Won

MPHASE REPORTS 2nd CONSECUTIVE PROFITABLE QUARTER AND RECORD 1,111% INCREASE IN ANNUAL REVENUE FOR FISCAL 2020

MPHASE REPORTS 2nd CONSECUTIVE PROFITABLE QUARTER AND RECORD 1,111% INCREASE IN ANNUAL REVENUE FOR FISCAL 2020 January 05, 2021 21:30 ET | Source: mPhase Technologies, Inc. mPhase Technologies, Inc. UNITED STATES Gaithersburg, MD, Jan. 05, 2021 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”) reported financial results for its fiscal 2020 fourth quarter and year ended June 30, 2020. In conjunction ...
Anshu Bhatnagar Exchange Commission Phase Technologies Inc Mphase Technologies Learning Track Travel Buddhi

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