Bad loans of Korean banks fell to 0.33% in March

The volume of resolved loans rose during the month.

The delinquency rate of domestic banks’ won-denominated loans– declined marginally by end March, thanks to more loans being resolved during the month, according to data from the Financial Supervisory Service of South Korea.

Bad loans were at 0.33% in March, 0.03 percentage point lower than in February. However, this is still 0.11 ppt higher than in March 2022.

In March, the volume of resolved loans expanded to KRW1.6t from a month ago, whilst that of newly delinquent loans fell to KRW0.2t. These contributed to the share of bad loans falling, the FSS said.

Follow the link for more news on

South Korea bank lending

Also Read

Malaysia’s development banks told to plug lending gap for MSMEs

CIMB still on track to hit 2025 loan growth target

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!

I want to download the media kit