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Confirmed debt restructuring cases through the Credit Counseling and Recovery Service reached 97,199 in the first half, covering 5.7426 trillion won of debt and already exceeding half of the prior full-year count of 189,062, with the three-year rise at 56.1% from 121,095 in 2022. Persistent high rates and elevated prices are pushing marginal household borrowers into workouts, which raises credit costs and provisioning pressure at banks, card issuers and savings banks while capping domestic consumption momentum. Watch delinquency prints in non-bank consumer finance and the Bank of Korea's read on household debt distress, since accelerating restructuring strengthens the easing case but simultaneously weighs on KOSPI financials and consumer-facing earnings, and can add to won-weakening pressure if domestic demand deteriorates further.
As a Macro signal, watch whether it changes price action, volatility, or flows around KOSPI, KRW=X.
Original Source: 토큰포스트
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