Sole proprietors’ debt climbs to 732.2 trillion won

Outstanding loans held by Korea’s sole proprietors rose 0.4 percent in the first quarter to 732.2 trillion won, according to Korea Credit Data.

KIM MIN-YOUNG
Published
A lease notice is posted on a storefront window on a sunny street in Seoul.
A notice advertising retail space for lease is displayed on the window of a commercial building in Seoul on June 23. According to Korea Credit Data's report on small-business trends released the same day, total outstanding loans of sole proprietors in Korea reached 732.2 trillion won ($477 billion) in the first quarter of the year, up about 3 trillion won, or 0.4 percent, from the fourth quarter of 2025.

A notice advertising retail space for lease is displayed on the window of a commercial building in Seoul on June 23. According to Korea Credit Data's report on small-business trends, released the same day, total outstanding loans of sole proprietors in Korea reached 732.2 trillion won ($477 billion) in the first quarter of this year, up about 3 trillion won, or 0.4 percent, from the fourth quarter of 2025.

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