Delinquency rate on bank loans rises to 0.56 pct in Jan. | Yonhap News Agency

## Summary
OK SEOUL, March 20 (Yonhap) -- The delinquency rate on loans extended by local banks increased in January due to a rise in newly soured debts, data showed Friday. The delinquency rate on banks' won-denominated loans came to 0.56 percent last month, up 0.06 percentage point from the previous month, according to preliminary data from the Financial Supervisory Service (FSS). The amount of write-offs of bad loans stood at 1.3 trillion won in the month, down 3.8 trillion won over the cited period, the data showed. The delinquency rate on corporate loans stood at 0.67 percent last month, up 0.08 percentage point from a month before.

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SEOUL, March 20 (Yonhap) -- The delinquency rate on loans extended by local banks increased in January due to a rise in newly soured debts, data showed Friday.
The delinquency rate on banks' won-denominated loans came to 0.56 percent last month, up 0.06 percentage point from the previous month, according to preliminary data from the Financial Supervisory Service (FSS).
The amount of newly delinquent loans came to 2.8 trillion won (US$1.87 billion) in January, up 0.4 trillion won from the previous month.
The amount of write-offs of bad loans stood at 1.3 trillion won in the month, down 3.8 trillion won over the cited period, the data showed.
The delinquency rate on corporate loans stood at 0.67 percent last month, up 0.08 percentage point from a month before.
The rate on household loans rose by 0.04 percentage point to 0.42 percent over the cited period, the FSS said.
A passerby walks past a poster promoting home mortgage loans put up at a bank in central Seoul, in this June 15, 2025, file photo. (Yonhap)
sam@yna.co.kr
(END)
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Delinquency rate on bank loans rises to 0.56 pct in Jan.

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## Expert Analysis

### Merits
- Korea committed to expanding nuclear, missile programs; poses 'significant' threats to S.

### Areas for Consideration
- A passerby walks past a poster promoting home mortgage loans put up at a bank in central Seoul, in this June 15, 2025, file photo. (Yonhap) sam@yna.co.kr (END) Articles with issue keywords Most Liked Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 16th Gwangju Biennale: You must change your life Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Police vow zero tolerance for terror threats against BTS comeback concert Most Saved (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms 16th Gwangju Biennale: You must change your life (2nd LD) N.

### Implications
- A passerby walks past a poster promoting home mortgage loans put up at a bank in central Seoul, in this June 15, 2025, file photo. (Yonhap) sam@yna.co.kr (END) Articles with issue keywords Most Liked Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East 16th Gwangju Biennale: You must change your life Ex-U.S. officials voice concerns about Trump gov't 'vacating' deterrence assets from Indo-Pacific amid Iran war Police vow zero tolerance for terror threats against BTS comeback concert Most Saved (LEAD) FM Cho sidesteps questions on whether U.S. asked Seoul to send warships to Middle East Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms 16th Gwangju Biennale: You must change your life (2nd LD) N.

### Expert Commentary
This article covers loans, korea, seoul topics. Notable strengths include discussion of loans. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 461.