April 25, 2024

• 

[THE INVESTOR] The delinquency rate for Korean banks’ won-denominated loans edged up in February due to a slight rise in the number of people who failed to repay their debts, government data showed on April 3.

The rate for bank loans more than 30 days overdue stood at 0.48 percent at the end of February, up 0.06 percentage point from a month earlier, according to the data from the Financial Supervisory Service.

Compared to a year ago, the rate was down 0.09 percentage point, it said.

The delinquency rate for loans extended to large firms rose 0.01 percentage point to 0.45 percent in February.

The delinquency rate for loans to households also rose 0.03 percentage point on-month to 0.28 percent at the end of February, according to the data.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)