Korea Joongang Daily
Korea JoongAng Daily

Delinquency rate on bank loans rises to 0.56% in January

The delinquency rate on loans extended by local banks increased in January due to a rise in newly soured debts, data showed Friday.

2026-03-20

Delinquency rate on bank loans down in December

The delinquency rate on loans extended by local banks fell in December, data showed Tuesday.

2026-02-24

Small, midsize construction firms log record delinquency rate in 2025 as sector slump drags on

Small and midsize construction firms are struggling to repay loans as the construction sector stays in a prolonged slump, according to recent data, with the industry weakness dragging down the overall economy in 2025.

2026-02-23

Actor Cho Jin-woong's retirement sparks debate on juvenile accountability

An important sociopolitical question has emerged in the face of actor Cho Jin-woong's announcement of retirement: Until when should a person be held liable for their juvenile wrongdoings?

2025-12-07

Loan delinquency rates climb among young people as employment numbers fall

Financial delinquencies among people in their 20s and 30s are emerging as a growing concern amid a steady rise in overdue loans across Korea’s banking sector.

2025-10-24

Delinquency rate on bank loans up for 2nd month in August

The delinquency rate on loans extended by local banks increased for the second consecutive month in August due mainly to a rise in newly soured loans, data showed Friday.

2025-10-24

Delinquency soars among 20s as youth are trapped between debt and joblessness

The delinquency rate on bank loans among people in their 20s was the highest across all age groups. The number of youth end up entangled in illegal private loans also increased.

2025-10-18

Delinquency rate on bank loans up in July, FSS data says

The delinquency rate on loans extended by local banks increased in July due mainly to a fall in write-offs of soured loans, data showed Friday. The delinquency rate on banks' won-denominated loans came to 0.57 percent in July.

2025-09-26

Delinquency rate on bank loans snaps 3-month rise in June

The delinquency rate on loans extended by local banks fell in June due mainly to a rise in write-offs of soured loans, data showed Friday. The delinquency rate on banks' won-denominated loans came to 0.52 percent in June.

2025-08-29

Delinquency rate on bank loans up for 3rd month in May

The delinquency rate on loans extended by local banks rose for the third consecutive month in May due mainly to a rise in newly soured loans, data showed Friday. The delinquency rate on banks' won-denominated loans came to 0.64 percent in May.

2025-07-25