The South Korea Financial Supervisory Service published updated data on domestic banks’ won-denominated loan delinquency rate, defined as the share of loans with principal or interest overdue by at least one month. The headline rate rose to 0.62% at end-February 2026, up 0.06 percentage points from January and up 0.04 percentage points from a year earlier. Newly delinquent loans increased by KRW 0.2 trillion month on month, while resolved delinquent loans were unchanged. By segment, business-loan delinquencies rose to 0.76%, with large-company loans increasing to 0.19% and small and medium-sized enterprise loans to 0.92%; household-loan delinquencies increased to 0.45%, including mortgage loans at 0.31% and unsecured loans at 0.90%.
South Korea Financial Supervisory Service 2026-04-17
South Korea Financial Supervisory Service reports domestic banks’ won loan delinquency rate rises to 0.62% at end-February 2026
The South Korea Financial Supervisory Service reported that domestic banks’ won-denominated loan delinquency rate rose to 0.62% at end-February 2026, up 0.06 percentage points month on month and 0.04 year on year, with newly delinquent loans increasing by KRW 0.2 trillion. Business-loan delinquencies climbed to 0.76%, including 0.19% for large companies and 0.92% for small and medium-sized enterprises, while household-loan delinquencies rose to 0.45%, with mortgage loans at 0.31% and unsecured loans at 0.90%.