Photo by Markus Winkler via Unsplash.

Delinquency rate of Korean corporate loans fell to 0.41%

Delinquency rate of household loans also fell to 0.31% in March.

The delinquency rate of loans extended by banks to large companies remained at 0.09% in March, according to data from the Financial Supervisory Service of South Korea.

The rate for small and medium enterprises (SMEs) decreased to 0.41% between February and March, 0.06 percentage point lower month-on-month.

For household loans, the delinquency rate is also inched down to 0.31% in March, from 0.32% previously.

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