SEOUL, July 30 (Yonhap) -- The delinquency rate for loans extended by South Korean banks fell to the lowest in 18 months in June, as banks saw a decrease in fresh bad loans and opted to write off overdue debts, the financial regulator said Tuesday.
The loan delinquency rate of 18 local banks stood at 0.98 percent last month, down 0.3 percentage point from the previous month, according to the Financial Supervisory Service (FSS).
