Back To Top

Banks' loan delinquency rate inches up in October

The delinquency rate for South Korean banks' won-denominated loans edged up in October from a month earlier due to a slight hike in bad loans extended to firms and households, data showed Thursday.

The rate for bank loans more than 30-days overdue stood at 0.46 percent at the end of October, up 0.02 percentage point from a month earlier, according to the data from the Financial Supervisory Service.


(Yonhap)
(Yonhap)

But compared with a year ago, the rate was down 0.12 percentage point, it said.

The delinquency rate for loans extended to companies increased 0.03 percentage point on-month to 0.60 percent in October, while that for loans to households rose 0.01 percentage point on-month to 0.29 percent, according to the data. (Yonhap)



MOST POPULAR
LATEST NEWS
subscribe
소아쌤