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Credit Finance Association

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Situations

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South Korean debt stress, bank profits and credit risks

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Latest: South Korea: Rising delinquency in microfinance and delivery app costs burden small businesses

In mid-August 2026, South Korea’s household credit was projected to exceed 2,000 trillion won. To manage this, the Financial Services Commission doubled the annual household debt growth target from 1.5% to 3.0%. In respo