Business · Economy · 2 hrs ago
IBK loan delinquency rate reaches highest level in over 15 years
IBK’s loan delinquency rate rose into the 1% range, its highest level in more than 15 years.
The South Korean bank mainly lends to small and medium-sized businesses and small business owners.
High interest rates and a weak economy have made it harder for borrowers to manage their finances.
As a result, more borrowers are falling behind on loan payments.
The increase was especially marked in real estate and wholesale and retail businesses.
Rising late payments show that financial pressure is mounting for businesses that rely on bank loans.
IBK’s loan delinquency rate has risen above 1%, its highest level in more than 15 years.
IBK mainly lends to small and medium-sized businesses and small business owners.
Higher interest rates and weak economic conditions have worsened borrowers’ finances.
More borrowers are struggling to repay loans on time.
Delinquency rates rose especially sharply in real estate and wholesale and retail.
- Who
- IBK and borrowers, including small and medium-sized businesses and small business owners.
- What
- IBK’s loan delinquency rate rose above 1%, reaching its highest level in more than 15 years.
- When
- The report was published on October 27, 2026.
- Where
- Not stated.
- Why
- Higher interest rates and weak economic conditions worsened borrowers’ financial situations.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Lender
- IBK
- Delinquency rate
- Above 1%
- Record
- Highest level in more than 15 years
- Most affected sectors
- Real estate and wholesale and retail