South Korea’s growth and small-business loan delinquencies rise together
AI Summary- South Korea’s semiconductor-led expansion coincided with higher loan delinquencies among smaller companies.
- Industrial Bank of Korea’s small-business delinquency rate reached 1.04% in September, its highest since 2011.
- KB Kookmin, Hana and Woori banks all recorded higher small-business delinquency rates than last year.