Corporate loan delinquency rate is higher than household loans
Due to high interest rates and sluggish domestic demand, self-employed insolvency spreads
Amid the prolonged economic downturn, delinquency in corporate loans in the banking sector is increasing faster than households, the actual insolvency is concentrated in alley areas such as local restaurants, cafes, and retail stores rather than manufacturing. Analysts say that the life-oriented industry is emerging as the center of corporate…