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Bank loan delinquency rate of 0.53% in August...It's been going up for two months in a row.

2024.10.18 AM 06:42
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The delinquency rate of bank loans has continued to rise for two consecutive months.


The Financial Supervisory Service said local banks' delinquency rate on won loans stood at 0.53 percent as of the end of August.

Compared to the delinquency rate of 0.47% in July, it is up 0.06%p.

The new delinquency amount was KRW 3 trillion, an increase of KRW 300 billion from July, and the amount of overdue bonds was reduced by KRW 100 billion.

The Financial Supervisory Service explained that the delinquency rate has risen due to an increase in new delinquency and a decrease in the size of overdue bonds such as sales.





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