[Korea Jeongseon financial newspaper reporters - corporate restructuring, commercial banks strengthen risk management in preparation for a rate hike, while non-performing loans (NPL) ratio fell significantly.
According to the Financial Supervisory Service (FSS) in September announced the bad debt situation of domestic banks (preliminary), the end of December last year, banks bad loan size was reduced to 24.6 trillion won more than 5.4 trillion won in 2015.
Percentage of total loans non-performing loans dropped 0.38% YoY point to 1.42%. FSS is analyzed as "positive affect NPL cleanup of banks'.
In four banks weigh each bank's NPL ratio both fell by 1%. Shinhan 0.65%, 0.98%, we, one 0.84%, and 0.74% national.
On the other hand, Daewoo Shipbuilding & Marine Engineering, shipbuilding, shipping-related loans Moline national banks are non-performing loans ratio is relatively high. Export-Import Bank of the highest with 4.52%, 3.56% is an industrial-level banks.
Last year, corporate loans non-performing loan ratio dropped 0.50% 2.06% points higher than the previous year. However, when compared with the end of 2012 (1.6%) it is still high. In particular, the ratio of non-performing loans in some industries such as shipbuilding (11.20%), shipping (5.77%), manufacture of steel (4.09%) were counted very high.
Corporate non-performing loans accounted for 92.7% of total non-performing loans to 22.8 trillion won.
Last year Consumer loans non-performing loan ratio fell 0.07 percentage points to 0.28% compared to the previous year. FSS explained that 'repayment burden on households due to the continued low interest rate easing pas'.
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