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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: S.Korea banks' loan delinquency ratio falls in Mar Reuters - Monday, April 13 SEOUL, April 13 - The delinquency ratio for loans extended by South Korean banks turned lower in March from the previous month but remained higher year-on-year due mainly to soured loans to small companies, a regulator said on Monday. ADVERTISEMENT The ratio came to 1.46 percent at the end of March, against 1.67 percent in February and 1.50 percent in January, according to the Financial Supervisory Service's policy report to parliament. The delinquency ratio for lending to small and medium-sized enterprises also dropped to 2.32 percent at the end of last month, from 2.67 percent a month before. Domestic banks increased lending to SMEs by 30 percent to 3.9 trillion won in March from February. The South Korean government and central bank have been pumping fresh liquidity to the banking sector to allow banks to keep lending to cash-strapped companies, while setting up a 20-trillion-won fund to recapitalise domestic lenders. A combined 4 trillion won from the bank recapitalisation fund had been injected into eight financial institutions as of end-March, including Kookmin Bank, Woori Bank and Hana Bank, the Financial Services Commission, a financial watchdog, said in a separate statement. Kookmin, Woori and Hana are units of KB Financial Group <105560.KS>, Woori Finance Holdings <053000.KS> and Hana Financial Group <086790.KS>, respectively. Separately, South Korean banks will assess the accounts of 45 large business groups from this month with an eye to restructuring their weaker units. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: Business India ICICI Bank to sell 7.5 bln rupee bond issueReuters - 1 hour 25 minutes ago FOREX-Dollar edges up vs yen, US bank earnings next focusReuters - 1 hour 27 minutes ago India's L&T out of race for Satyam-TVReuters - 1 hour 28 minutes ago Japan to scrap tariff on S.Korea's Hynix chipsReuters - 1 hour 32 minutes ago Nikkei falls as defensives weigh, US earnings eyedReuters - 1 hour 35 minutes ago Most Popular – Business Viewed Mummies found in ancient Egypt burial chamber Harry Potter actor arrested over cannabis find Pirate hostage siege, Italian tug grabbed Bad mood, better recall, researchers find Swedish church unveils Lego Jesus statue for Easter View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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