Finance
MG Community Credit Cooperatives sell 3.48 trillion won in NPLs in H1, merge 21 units
MG Community Credit Cooperatives sold 3.48 trillion won worth of non-performing loans in the first half of this year and merged 21 member cooperatives as it accelerates efforts to improve asset quality. Of the total NPL sales, 3.19 trillion won was sold through MG Asset Management Co, a specialist manager launched in July last year. The delinquency ratio fell to 5.08 percent at end-2025 from 8.37 percent at end-June 2025.
