S.Korean banks' household loans fall for first time in 4 months

SEOUL, Aug. 10 (Xinhua) -- South Korean banks' household loans marked the first fall in four months in July owing to higher borrowing costs, central bank data showed Wednesday.

Bank loans to households came in at 1,060.5 trillion won (809.2 billion U.S. dollars) at the end of July, down 300 billion won (228.9 million dollars) from a month earlier, according to the Bank of Korea (BOK).

It was the first red