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South Korean Banks Face Rising Delinquency Rates in October

12/27/2025

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Story summary
  • South Korean banks reported an end-October delinquency ratio of 0.58%, up 0.07 percentage point from September.
  • The rise is driven by 2.9 trillion won in new delinquent loans, surpassing 1.3 trillion won in settled non-performing loans.
  • Delinquency ratios have climbed since a low of 0.20% in June 2022.
  • Corporate loans delinquency rose to 0.69%, and household loans increased to 0.42%.