Staff Reporter

Published:

9 days ago

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.

Also Read

Bad loans of South Korean banks rose in April

Indian banks’ profits to stabilize; weak assets to persist for some

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

Top News

OxPay and NomuPay ink partnership for market expansion

OxPay will be able to enter new markets where NomuPay already services.

Cards & Payments

7 hours ago

PwC, StanChart release analysis on CBDCs' role in future banking

The paper highlights CBDCs programmability and how they can revolutionise retail, trade, and supply chain finance.

Investment Banking

7 hours ago

JCB reduces GHG emissions by 54.4% in 2022

It also shared the initiatives which took place last year.

Cards & Payments

7 hours ago

Public Bank unveils PB SecureSign in major security overhaul

This is in line with the bank’s commitment to boost cyber protection.

Retail Banking

7 hours ago

Exclusives

Hong Kong’s livi bank launches game-changing app for SMEs

Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.

1 day ago

3 principles guide Bank Aladin Syariah in tapping Indonesia’s customer segments

Within a year, the digital sharia bank got past low penetration to record 1.7 million customers and now targets multiple times growth by end-2023.

Bankers face sluggish hiring market, layoffs in Hong Kong

Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.

Retail Banking

AT1 write-down ‘negligible’ to APAC banks, but should they still worry?

Analysts said APAC banks will suffer no direct impact from the Swiss bank but should keep an eye out on regulators.

Investment Banking

Event News

Digitalisation and social media distribution: Catalysts for change in Indonesia’s insurance industry

Leaders and experts in insurance and marketing roll out tech-based strategies to unlock growth potential in Indonesia’s untapped market at Jakarta Forum.

Indonesian banks must prioritize digitalisation, boost financial inclusion — experts

Make sure you don’t miss the 2023 Asian Banking and Finance Forum in Kuala Lumpur

Modelling, simulation key to powering businesses forward in an everchanging macro-economic, geopolitical, and ESG landscape

Co-Written / Partner Modelling, simulation key to powering businesses forward in an everchanging macro-economic, geopolitical, and ESG landscape

Digitalisation and social media distribution: Catalysts for change in Indonesia’s insurance industry

Leaders and experts in insurance and marketing roll out tech-based strategies to unlock growth potential in Indonesia’s untapped market at Jakarta Forum.