, Korea

South Korean banks' loan delinquency ratios rise in April

Delinquency of loans extended to households edged up 0.02 ppt.

The delinquency rate for South Korean banks’ won-denominated loans inched up to 0.4% at the end of April, 0.01 percentage points (ppt) higher than a month earlier, data from the Financial Supervisory Service (FSS) revealed. However, this was 0.08% lower than the rate a year ago.

Similarly, the delinquency rate for loans extended to companies also rose 0.01 ppt to 0.5% in April compared to the previous month.

Meanwhile, the delinquency of loans extended to households recorded a slightly faster deterioration, edging up 0.02 ppt to 0.29%, according to data FSS.
 

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.