September 20, 2024

Delinquency rate on bank loans rises in July

The delinquency rate on loans extended by local banks rose from a month earlier in July, data showed Friday.

The delinquency rate on banks’ won-denominated loans came to 0.47 percent as of end-July, up 0.05 percentage point from a month earlier, acc…

(EDITORIAL from Korea Herald on Sept. 20)

South Korea’s government officials will have been duly relieved to see the result of the five-day Chuseok holiday. Defying dire predictions, the country’s emergency care services continued without massive and paralyzing disruptions.

The Health Minis…