Savings banks swing to black in 2025; delinquency rate falls | Yonhap News Agency

## Summary
OK SEOUL, March 20 (Yonhap) -- The savings banking industry returned to the black last year from a year earlier, aided by a decline in loan-loss reserves, data showed Friday. The combined net profit of 79 savings banks nationwide reached 417 billion won (US$278 million) last year, shifting from a loss of 423 billion won a year earlier, according to their trade association. The data showed that their loan-loss reserves declined by 455 billion won last year compared with a year earlier. Korea's national sports festival prev Savings banks swing to black in 2025; delinquency rate falls Next Savings banks swing to black in 2025; delinquency rate falls

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SEOUL, March 20 (Yonhap) -- The savings banking industry returned to the black last year from a year earlier, aided by a decline in loan-loss reserves, data showed Friday.
The combined net profit of 79 savings banks nationwide reached 417 billion won (US$278 million) last year, shifting from a loss of 423 billion won a year earlier, according to their trade association.
The data showed that their loan-loss reserves declined by 455 billion won last year compared with a year earlier.
Their asset soundness improved, with the delinquency rate coming in at 6.04 percent at the end of December, down from 8.52 percent a year earlier.
The rate on corporate loans fell 4.81 percentage points on-year to 8 percent, while that on household loans gained 0.14 percentage point to 4.67 percent over the cited period.
Their average capital adequacy ratio stood at 15.85 percent at the end of December, the data showed.
Their total assets stood at 118 trillion won last year, down 2.9 trillion won from a year earlier.
In 2024, they suffered a net loss for the second consecutive year by racking up a combined net loss of 397 billion won following a loss of 576 billion won the previous year.
Savings banks suffered net losses, primarily due to risky short-term real estate project financing loans.
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sam@yna.co.kr
(END)
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## Expert Analysis

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

### Areas for Consideration
- The logo of a savings bank (Yonhap) sam@yna.co.kr (END) Keywords #savings bank #earnings 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
- The logo of a savings bank (Yonhap) sam@yna.co.kr (END) Keywords #savings bank #earnings 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 won, korea, savings topics. Notable strengths include discussion of won. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 514.