South Korean banks’ bad loans climb 0.47% in December | Asian Business Review
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, South Korea
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South Korean banks’ bad loans climb 0.47% in December

This reflects a significant increase compared to the previous year.

South Korea’s domestic banks saw an increase of 0.47% in the ratio of bad loans to the total outstanding loans by the end of December 2023, according to a report released by the Financial Supervisory Service (FSS).

This shows a 0.03% growth three months prior and a rise of 0.40% from December 2022.

The amount of bad loans by the end of December reached approximately $9.41b (KRW12.5t), an increase from $8.68b (KRW11.5t) as of the end of September.

Bad loans from businesses in December totalled $7.54b (KRW10t), whereas household and credit card loans reached approximately $1.73b (KRW2.3t) and $151m (KRW200b) respectively.

The provision coverage ratio decreased by 3% despite banks’ attempts to add more provisions for bad debts.

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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Rumah Sakit Kanker Dharmais memimpin inovasi pelayanan kanker di Indonesia <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
Healthcare Asia Magazine
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Rumah Sakit Kanker Dharmais memimpin inovasi pelayanan kanker di Indonesia <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Apa yang dapat dipelajari oleh pengembang properti dari Azabudai Hills di Jepang <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Apa yang dapat dipelajari oleh pengembang properti dari Azabudai Hills di Jepang <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Zurich memprediksi sektor UMKM sebagai potensi pertumbuhan untuk asuransi embedded <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Zurich memprediksi sektor UMKM sebagai potensi pertumbuhan untuk asuransi embedded <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Bagaimana perkembangan perubahan fokus manajemen kekayaan bank? <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Bagaimana perkembangan perubahan fokus manajemen kekayaan bank? <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Grup NEFIN bekerja ekstra keras dalam mengejar proyek-proyeknya <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Meningkatnya minimarket memaksa toko-toko format besar untuk memikirkan ulang strategi pertumbuhan mereka <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Meningkatnya minimarket memaksa toko-toko format besar untuk memikirkan ulang strategi pertumbuhan mereka <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Rumah Sakit Kanker Dharmais memimpin inovasi pelayanan kanker di Indonesia <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
Healthcare Asia Magazine
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Rumah Sakit Kanker Dharmais memimpin inovasi pelayanan kanker di Indonesia <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Apa yang dapat dipelajari oleh pengembang properti dari Azabudai Hills di Jepang <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
Real Estate Asia
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Apa yang dapat dipelajari oleh pengembang properti dari Azabudai Hills di Jepang <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Zurich memprediksi sektor UMKM sebagai potensi pertumbuhan untuk asuransi embedded <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
Insurance Asia
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Zurich memprediksi sektor UMKM sebagai potensi pertumbuhan untuk asuransi embedded <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Bagaimana perkembangan perubahan fokus manajemen kekayaan bank? <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
Asian Banking and Finance
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Bagaimana perkembangan perubahan fokus manajemen kekayaan bank? <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Grup NEFIN bekerja ekstra keras dalam mengejar proyek-proyeknya <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Grup NEFIN bekerja ekstra keras dalam mengejar proyek-proyeknya <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Meningkatnya minimarket memaksa toko-toko format besar untuk memikirkan ulang strategi pertumbuhan mereka <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->
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<!-- THEME DEBUG --> <!-- THEME HOOK: 'views_view_field' --> <!-- BEGIN OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' --> Meningkatnya minimarket memaksa toko-toko format besar untuk memikirkan ulang strategi pertumbuhan mereka <!-- END OUTPUT from 'core/modules/views/templates/views-view-field.html.twig' -->