According to Yonhapnews, South Korea's Financial Supervisory Service (FSS) announced it will work with the Financial Commission and banks to restrict small-loan institutions from issuing regular credit loans to active-duty military personnel by year-end. Data from the FSS shows lending to active-duty troops by the top 30 credit institutions surged from 350 million won in late 2022 to 24.2 billion won (approximately $17 million) by late 2025. The FSS cited blind investments in high-risk assets including virtual assets and online gambling as leading causes of over-indebtedness among active-duty personnel.
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