Delinquency ratio on banks' loans edges up in August
SEOUL, Oct. 14 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea edged up in August from a month earlier due to tightened controls on loans overdue, the financial watchdog said Thursday.
The delinquency ratio on banks' won-based loans stood at 0.28 percent as of end-August, up 0.01 percentage point from a month earlier, according to preliminary data from the Financial Supervisory Service.
The FSS attributed the rise to banks' usual tendency of tightening controls on loans overdue at the end of every quarter.
The delinquency ratio on won-based loans has been on a decline since May 2018, when the ratio was tallied at 0.62 percent.
The delinquency ratio on household loans also edged up 0.01 percentage point on-month to 0.19 percent as of end of August, the data showed. The ratio on home-backed loans remained unchanged at 0.11 percent.
kokobj@yna.co.kr
(END)
-
'Queen of Tears' weaves rich tapestry of Korean contemporary art
-
Ateez member Yunho throws first pitch at MLB match between Dodgers, Mets
-
N. Korea says Kim guided simulated nuclear counterattack drills for 1st time
-
N. Korea calls envisioned U.S. aid to Ukraine 'hallucinogen'
-
N. Korea calls on party propaganda officials to work harder
-
'Queen of Tears' weaves rich tapestry of Korean contemporary art
-
Experts see possibility of N.K. conducting nuclear test before U.S. presidential vote
-
Details of meeting between Yoon, opposition leader undecided: presidential office
-
N. Korea says Kim guided simulated nuclear counterattack drills for 1st time
-
Looming weekly closure of major hospitals feared to worsen medical service crisis
-
Indonesia coach left with mixed feelings after eliminating native S. Korea in Olympic football qualifiers
-
S. Korea eliminated in Olympic football qualifiers as poor defense, undisciplined play prove costly
-
ADOR CEO calls conflict with Hybe 'worst experience of my life'
-
(LEAD) 10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
S. Korea to acquire SM-3 shipborne missiles by 2030