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IBK Industrial Bank of Korea's delinquency rate on SME real estate and rental loans hit 1.54% at end-Q2, the highest in roughly 14 years since Q3 2012, with the 0.90pp year-on-year jump the largest since records began in 2011. Prolonged high rates and a commercial real estate slump are feeding through to bank asset-quality metrics, pressuring provisioning costs and earnings for SME-heavy lenders and weighing on Korean bank equities and credit sentiment. Watch whether major commercial banks report similar delinquency spikes in Q3 and whether the Bank of Korea's rate path eases refinancing stress for property-sector borrowers.
As a Macro signal, watch whether it changes price action, volatility, or flows around 024110, KOSPI.
Original Source: 토큰포스트
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