SEOUL, Jan. 21 (Xinhua) -- South Korean banks' loan delinquency ratio stayed low in November on the record-low policy rate, financial watchdog data showed Tuesday.
Bank loans, overdue at least one month, stood at 0.48 percent of the total as of end-November, up 0.02 percentage points from a month earlier, according to the Financial Supervisory Service (FSS).
Despite the slightly gain, the loan delinquency ratio remained at a record-low level owing to the record-low policy rate.
The country's central bank cut its benchmark interest rate to a record low of 1.25 percent in October last year, after lowering it from 1.75 percent to 1.50 percent in July.
From a year earlier, the loan delinquency ratio slipped 0.11 percentage points.
The ratio for corporate loan added 0.02 percentage points from a month earlier to 0.63 percent as of end-November, while the figure for household loan rose 0.02 percentage points to 0.31 percent.
