(MENAFN) South Korean banks' bad debt ratio has decreased to the lowest in about 9 years on the back of the record-low interest rate.
In addition, Financial Supervisory Service added Bank loans, overdue a month or longer, have reached 1.25% of the total in June, marking a 0.13 percentage points fall compared with the rate before 3 months.
Moreover, the survey was considered the lowest since the global financial crisis started to spread in 2008.
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