IBK Corporate Bank Targets 2.3 Trillion Won in NPL Disposals for 2026 as Default Rate Rises to 1.04%

According to IBK Corporate Bank's Q3 disclosure on November 11, the bank is planning to dispose of approximately 2.3 trillion won in non-performing loans (NPLs) by year-end 2026. Through Q3, the bank has already cleared 2.4 trillion won through write-offs and sales, with an additional 840 billion won in disposals planned for the remainder of the year.

Despite ongoing NPL reduction efforts, asset quality metrics deteriorated. The bank's delinquency rate rose to 1.04% in Q3 from 0.89% year-end 2025, while fixed-below-standard loans increased 224.7 billion won to 4.5 trillion won. Notably, precautionary loans—those requiring enhanced monitoring—surged 476.4 billion won to 6.1 trillion won, with 77% of the annual increase occurring in Q3 alone.

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