The ratio of bank loans, overdue at least one month, stood at 0.21 percent of the total loans at the end of December, down 0.04 percentage points from a month earlier, according to the Financial Supervisory Service.
It was lower than the previous record low of 0.24 percent tallied in September last year.
The bad debt ratio has been on the decline as the government encouraged banks to delay debt repayment among microbusiness owners to help small merchants revive the economic downturn from the COVID-19 pandemic.
The delinquency ratio for banks' corporate loans shrank 0.05 percentage points from a month earlier to 0.26 percent at the end of December.
The ratio for household loans retreated 0.03 percentage points to 0.16 percent in the month.
Latest comments