AJP Factbox: Korea's bank loan delinquency rate at near 10-year high

By Ryu Yuna Posted : October 23, 2026, 12:48 Updated : October 23, 2026, 12:48
Edited and compiled by AJP. Graphics AI assisted
Edited and compiled by AJP. Graphics AI assisted
South Korean banks' loan delinquency rate rose to 0.69 percent in August, its highest level since October 2016, amid rising corporate delinquencies and prolonged high borrowing costs, according to the Financial Supervisory Service (FSS). The rate increased from 0.63 percent in July and 0.61 percent a year earlier.

Corporate loan delinquency rose to 0.86 percent, with the rate for small and midsized corporations reaching 1.10 percent and that for self-employed borrowers standing at 0.86 percent. 

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