Overdraft delinquency rates rising sharply... Delinquencies among those in their 20s and 60s 'surge'

With the surge in overdraft usage driving this growth, banks have begun implementing self-regulation measures, such as adjusting limits, starting this week. As loan demand drives interest rates to skyrocket, the upper limit for mortgage rates has exceeded 7% and for credit loans has surpassed 6%, raising expectations for an increased burden on borrowers. The photo shows an ATM at a commercial bank in Seoul on the 14th.
June 14, 2026 / News1 / Photo = News1 Image [Financial News] As the delinquency rate for overdraft accounts at major commercial banks has risen sharply this year, signs of default among borrowers aged 20 and under and those aged 60 and over are becoming prominent. According to data submitted by the Financial Supervisory Service to Rep. 22% as of the end of June this year.
18%). The overdraft delinquency rate is calculated by classifying unpaid interest exceeding the limit as delinquent when borrowers have exhausted their loan limits, and dividing this by the total outstanding balance of actual loans. 3 trillion won at the end of June this year.
7 trillion won). 7 billion won. A similar trend was observed in overall credit loans.
35% at the end of June this year. 4% from 314 billion won to 375 billion won. By age group, delinquency rates were particularly high among the elderly aged 60 and older and the youth aged 20 and younger.
22%). 11 percentage points higher than the overall average.
Delinquency rates among vulnerable age groups were also prominent in overall credit loans, including overdraft accounts. 59%.
35%). Concerns about further defaults are emerging as stock market volatility, which serves as the backdrop for the rise in delinquency rates, remains persistent.
59 during trading on June 19 of this year, but fell to the low 8,000s by the end of the same month. 77, more than 40% lower than its peak.
Recently, after recovering the 6,000 mark, it has been fluctuating.
[email protected] Ye Byeong-jeong Reporter