KakaoBank to Supply 1.9 Trillion KRW to Low- and Medium-Credit Borrowers This Year... 14.6% in October
[Asia Economy Reporter Kiho Sung] KakaoBank, an internet-only bank, has supplied 1.9701 trillion KRW to low- and medium-credit borrowers as of the end of September this year.
According to the Bankers Association on the 26th, KakaoBank's loan proportion to low- and medium-credit customers as of the end of October was 14.6%. This is an increase of 1.2 percentage points from 13.4% at the end of last month.
In terms of amount, KakaoBank supplied 679.7 billion KRW to low- and medium-credit customers with its own credit from July to September this year. Specifically, it supplied 114 billion KRW in July, 300.4 billion KRW in August, and 265.3 billion KRW in September. However, this figure excludes guaranteed mid-interest rate products such as Saeitdol loans and Haetsal loans.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
KakaoBank's loan balance proportion to low- and medium-credit customers has also maintained a continuous upward trend: 10.9% at the end of July, 12.3% at the end of August, 13.4% at the end of September, and 14.6% at the end of October.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
