Some 3 tln won worth of loans extended by S. Korean banks unrecoverable in Q1
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Source: South Korea
Published: 2026-05-03 11:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Economy & Finance, Business & Economy, Asia Pacific
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Snippet:
SEOUL, May 3 (Yonhap) -- Some 3 trillion won (US$2 billion) worth of loans extended by South Korea's four major financial groups have been classified as "estimated loss" in the first quarter, financial sector data showed Sunday.
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