Amid the semiconductor boom, the delinquency rate at South Korea’s regional banks has reached its highest level in the past decade. The benefits are reported to be slow to reach regional areas.
The delinquency rate at South Korea’s regional banks has reportedly reached its highest level in the past decade.
The South Korean economy as a whole is considered to be booming on rising semiconductor demand, but there are indications that the benefits have not fully spread to regional areas.
The article reports that widening regional economic disparities are becoming more apparent against the backdrop of rising non-performing loans at regional banks.