Bank loan overdue at least one month stood at 0.46 percent of the total at the end of November, up 0.03 percentage points from a month earlier, according to the Financial Supervisory Service (FSS).
It marked the highest in four years since November 2019, continuing to climb for the second consecutive month.
New delinquent loan amounted to 2.7 trillion won (2 billion U.S. dollars) in the month, higher than the settlement of non-performing loans worth 2 trillion won (1.5 billion dollars).
The delinquency ratio has roughly been on the rise after hitting a bottom at 0.20 percent in June 2022 on the back of the high policy rate.
The central bank had left its benchmark interest rate unchanged at 3.50 percent since January last year, after hiking it by 3.0 percentage points for the past one and a half years.
Excluding the settled bad loan, the delinquency ratio for new bank loan came to 0.12 percent in November, up 0.01 percentage point from the previous month.
The delinquency ratio for bank corporate loan advanced 0.04 percentage points from a month earlier to 0.52 percent at the end of November, while the ratio for household loan gained 0.02 percentage points to 0.39 percent.
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