Asia: What's Coming in 2024
Geopolitics still dominates the risk and operations landscape, leading to a variety of unexpected and difficult consequences for companies in the region.
[단독] 인뱅 연체율 3% 육박…정책에 맞추다 부실위험 커졌다
[Exclusive] In-Bang delinquency rate approaches 3%... The risk of insolvency increased as the policy was adjusted.
Joongang Ilbo | Local Language | News | April 26, 2024 | Bankruptcy-Insolvency
The delinquency rate for people with medium and low credit at InBank approaches 3%, raising concerns about insolvency as policies are adjusted to increase loans to vulnerable groups. Other financial institutions are also facing high delinquency rates for low to medium credit borrowers, prompting stricter management of loans to this demographic. As the delinquency rates rise, the lending threshold for vulnerable groups is expected to increase further, posing challenges for InBank and second-tier financial institutions.