Business . South Korea . a month ago
Some 3 tln won worth of loans extended by S. Korean banks unrecoverable in Q1 | Yonhap News Agency

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SEOUL, May 3 (Yonhap) -- Some 3 trillion won (US$2 billion) worth of loans extended by South Korea's four major financial groups have been classified as "estimated loss" in the first quarter, financial sector data showed Sunday.A total of 2.9 trillion won of loans held by these groups were deemed la