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Citi releases 3Q Earnings. $3.8 Billion ($1.23/Share) In Reported “Earnings” 
Interesting data : Korea accounts for the largest consumer loan share in Citi’s international debt portfolio (RCB), 21% of Total $126 billion.  
Most are in mortgages (fyi, fueled by the real estate bubble in the last 10 years) and in credit card loans.
Currently, Korea’s household debt stands close to $900 billions.
One “cough” in Korea’s consumer loan market would surely woe Citigroup as a whole.
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Citi releases 3Q Earnings. $3.8 Billion ($1.23/Share) In Reported “Earnings” 

  • Interesting data : Korea accounts for the largest consumer loan share in Citi’s international debt portfolio (RCB), 21% of Total $126 billion.  
  • Most are in mortgages (fyi, fueled by the real estate bubble in the last 10 years) and in credit card loans.
  • Currently, Korea’s household debt stands close to $900 billions.
  • One “cough” in Korea’s consumer loan market would surely woe Citigroup as a whole.

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  1. acuriousoctopus posted this