Bank loan loss provisions reached KRW 6,830,000 mil in 2020 in South Korea, according to the National Central Bank. This is 56.6% more than in the previous year.
Historically, bank loan loss provisions in South Korea reached an all time high of KRW 13,409,000 mil in 2010 and an all time low of KRW 383,000 mil in 1990.
South Korea has been ranked 3rd within the group of 63 countries we follow in terms of bank loan loss provisions.
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