Search results for delinquency rate
Finance
Small business sales up 4.5 percent but margins fall for second straight quarter; delinquencies rise
South Korean small business sales rose 4.53 percent in the second quarter from a year earlier, but profit margins fell for a second straight quarter as expenses increased faster, a report by Korea Credit Data showed. Average revenue per business was 47.11 million won, while average spending rose 5.83 percent to 35.22 million won. Delinquent amounts on sole proprietors’ loans rose 4.3 percent from the previous quarter to 15.2 trillion won.
Games & Commerce
Toss Bank posts record first-half net profit of 58.9 billion won
Toss Bank posted a first-half net profit of 58.9 billion won, its highest for any half-year, up 46 percent from a year earlier. Second-quarter net profit rose to 29.4 billion won. Loans outstanding increased 3.3 percent, while policy finance supply expanded and the share of guaranteed loans rose. Deposits fell year on year. Asset quality improved, with delinquencies and NPL ratios lower.
Finance
Savings banks post 765.8 billion won net profit in first half, delinquency rate improves
South Korea\'s savings banks posted a cumulative net profit of 765.8 billion won in the first half of this year, extending profitability to a second straight quarter. Asset quality indicators improved as both the delinquency rate and the ratio of substandard loans fell from the previous quarter. Total assets rose to 120.6 trillion won at end-June, while deposits increased to 100.4 trillion won. The industry group forecast continued profitability in the second half.
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Finance
South Korean banks\' won loan delinquency rate falls to 0.56 percent in June
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Finance
Eight Percent cumulative investments top 20 million, average annual return 10.3 percent
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Finance
KakaoBank first-half net profit rises 24.4 percent to 328.0 billion won
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Finance
Kbank first-half net profit falls; SOHO loans double in a year
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Finance
K Bank first-half net profit 60.1 billion won, down 28.7 percent
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Finance
Digital asset cross-industry ties spread as top 4 financial groups post 11 trillion won profit era
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Finance
KB Financial first-half net profit 3.88 trillion won, non-bank contribution 44 percent
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Finance
Korean banks\' loan delinquency rate rises to 0.67%; SME delinquency tops 1 percent
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Finance
BOK shifts to tightening as growth rebounds, leaves door open to more rate hikes
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Fintech
On2U firms, savings banks linked-investment loans top 500 billion won, expand lending to mid-low credit borrowers
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Finance
Savings banks sustain profit after PF cleanup; expanding loans for lower-credit borrowers remains task
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Finance
Toss Bank Q1 net profit 29.6 billion won, up 58.3 percent
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Finance
K Bank sole proprietor loan balance tops 3 trillion won, up 1 trillion won in six months
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Finance
Toss Bank posts 96.8 billion won 2025 net profit, doubling from a year earlier
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Finance
K Bank posts 112.6 billion won net profit in 2025, shifts to non-interest-led growth