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Coverage ratio of non-performing loans (NPL) of commercial banks in South Korea from 1st quarter 2020 to 3rd quarter 2024

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Source

Release date

December 2024

Region

South Korea

Survey time period

Q1 2020 to Q3 2024

Special properties

based on commercial banks' business reports

Citation formats

NPL of banks South Korea Q1 2020-Q3 2024

Published by K. Scholle, May 13, 2025

In the third quarter of 2024, the non-performing loan coverage ratio of commercial banks in South Korea stood at around percent, slightly up from compared to the previous quarter. In the wake of the COVID-19 pandemic and related economic uncertainties, loan loss provisions increased in 2020.

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