[이코노믹리뷰=박창민 기자] It was found that the December delinquency rate of domestic banks fell slightly compared to the end of the previous month.
According to the’Presentation of Korean Won Loans Delinquency Rate at Korean Banks’ released by the Financial Supervisory Service on the 9th, the delinquency rate at the end of December was 0.28%. This is a decrease of 0.07 percentage points (p) from the end of the previous month. Compared to 0.36% a year ago, it fell by 0.09%p.
In December, the amount of new delinquency incurred was 800 billion won, down 200 billion won from the previous month. The amount of delinquent receivables was settled at 2.1 trillion won, an increase of 1.1 trillion won from the previous month.
By type of loan, the household loan delinquency rate was 0.20%, down 0.04%p from the end of the previous month (0.24%). The mortgage loan delinquency rate was 0.14%, down 0.02%p from the end of the previous month (0.16%). The delinquency rate for household loans excluding mortgage loans was 0.34%, down 0.09%p from 0.42% at the end of the previous month.
The corporate loan delinquency rate was 0.34%, down 0.08%p from the end of the previous month (0.43%). Among them, the delinquency rate for large corporate loans was 0.27%, down 0.01%p from the end of the previous month (0.28%). SME loans were 0.36%, down 0.10%p from 0.46% at the end of last month. Among medium-term loans, the delinquency rates for small and medium-sized corporations and private business loans were calculated at 0.48% and 0.21%, respectively.
On the other hand, the bank delinquency rate is an indicator that evaluates the quality of the most important loan receivables among bank assets. Among the loan receivables, loans that are in arrears without repayment within the due date act as a factor that worsens the bank’s profitability.