🇰🇷 South Korea 1d ago · yonhap@koreatimes.co.kr(KoreaTimes)

Delinquency ratio on bank loans up for 2nd month in August

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Delinquency ratio on bank loans up for 2nd month in August
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The delinquency ratio on loans extended by banks rose for the second consecutive month in August, data showed Friday. The delinquency numbers on banks' won-denominated loans stood at 0.69 percent as of end-August, up 0.06 percentage point from a month earlier, according to the data from the Financial Supervisory Service (FSS). The amount of newly overdue loans came to 3 trillion won ($2.26 billion) in August, down 0.2 trillion won from the previous month. The amount of write-offs of such loans,

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