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Mon, July 4, 2022 | 15:14
Economy
Delinquency ratio on bank loans down in March
Posted : 2022-05-19 12:01
Updated : 2022-05-19 12:01
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The Financial Supervisory Service (FSS) / Yonhap
The Financial Supervisory Service (FSS) / Yonhap

The delinquency ratio on loans extended by banks here declined in March from a month earlier, the financial watchdog said Thursday.

The delinquency ratio on banks' won-denominated loans was 0.22 percent as of the end of March, down 0.03 of a percentage point from the previous month, according to preliminary data from the Financial Supervisory Service (FSS).

From a year earlier, the ratio was down 0.06 of a percentage point.

The ratio reflected loans overdue by one month or longer in principal and interest payments.

The delinquency ratio on household loans stood at 0.17 percent in March, down 0.02 of a percentage point from a month earlier.

The ratio on home-backed loans came to 0.1 percent, down 0.01 of a percentage point from February.

The ratio for corporate loans fell 0.04 percentage point month-on-month to 0.26 percent at the end of March, the data showed. (Yonhap)



 
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