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2024

S. Korean banks' loan delinquency ratio falls in June

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SEOUL, Aug. 20 (Xinhua) -- South Korean banks' loan delinquency ratio fell in three months due to more bad loan settlement than new delinquent loan, financial watchdog data showed Tuesday.

Bank loan, overdue at least one month, stood at 0.42 percent of the total at the end of June, down 0.09 percentage points from a month earlier, according to the Financial Supervisory Service (FSS).

The bad loan ratio tu