Most Popular
-
1
1 in 3 Koreans live alone, family types becoming diverse
-
2
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
3
US 'incredibly concerned' about suspected NK-Iran military ties
-
4
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
5
K-pop singer lost consciousness after being hit by foul ball, cancels show
-
6
Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
-
7
Why is Apple Pay struggling to get purchase in Korea?
-
8
Yoon's office denies considering liberal figures for key posts
-
9
Seoul says Fu Bao loan 'not going to happen'
-
10
Contentious grain bill put directly to plenary meeting for vote
The delinquency rate of South Korean banks' won-denominated loans edged up in May from a month earlier due to a slight rise in non-performing loans, government data showed Wednesday.
The rate for bank loans more than 30 days overdue stood at 0.58 percent at the end of May, up from 0.54 percent at the end of April, according to the data by the Financial Supervisory Service.
Compared to a year ago, however, the rate was down 0.16 percentage point, it said.
"In May, newly delinquent loans exceeded resolved loans and this contributed to the rise in the delinquency rate," the regulator said in a statement.
The delinquency rate of loans extended to large firms stood at 0.64 percent at the end of May, down 0.01 percentage point from a month earlier. That of loans to households rose 0.02 percentage point on month to 0.3 percent at the end of May, according to the data. (Yonhap)
The rate for bank loans more than 30 days overdue stood at 0.58 percent at the end of May, up from 0.54 percent at the end of April, according to the data by the Financial Supervisory Service.
Compared to a year ago, however, the rate was down 0.16 percentage point, it said.
"In May, newly delinquent loans exceeded resolved loans and this contributed to the rise in the delinquency rate," the regulator said in a statement.
The delinquency rate of loans extended to large firms stood at 0.64 percent at the end of May, down 0.01 percentage point from a month earlier. That of loans to households rose 0.02 percentage point on month to 0.3 percent at the end of May, according to the data. (Yonhap)
![[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/18/20240418050645_0.jpg&u=20240418181020)
![[Today’s K-pop] Zico drops snippet of collaboration with Jennie](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/04/18/20240418050702_0.jpg&u=)