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Delinquency Rate of Domestic Banks’ WD Loans, May 2020

July 13, 2020

The delinquency rate of domestic banks’ won-denominated (WD) loans—classified as the percentage of loans with principal of interest payment past due by at least one month—as of end-May 2020 stood at 0.42%, up 0.02%p from a month ago and down 0.08%p from a year ago. In May, the amount of resolved loans decreased by KRW0.3 trillion compared to the previous month while that of newly delinquent loans shrank KRW0.2 trillion. This contributed to the month-on-month growth in the delinquency rate.