Some W3tr worth of loans extended by S. Korean banks unrecoverable in Q1
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Source: The Korea Herald
Published: 2026-05-03 11:26 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Economy & Finance, World News, Business & Economy, Asia Pacific
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Snippet:
Some 3 trillion won ($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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