Seoul:The delinquency ratio on loans extended by banks increased for the second consecutive month in August, as revealed by recent data.

According to Yonhap News Agency, the delinquency numbers on banks' won-denominated loans stood at 0.69 percent at the end of August, marking an increase of 0.06 percentage points from the previous month, based on data from the Financial Supervisory Service (FSS).

The total amount of newly overdue loans reached 3 trillion won (approximately US$2.26 billion) in August, a decrease of 0.2 trillion won from the prior month. Meanwhile, the amount of write-offs for such loans rose to 1.5 trillion won, an increase of 0.1 trillion won during the same period, According to FSS.

The delinquency ratio for corporate loans was recorded at 0.86 percent by the end of August, an increase of 0.08 percentage points from a month earlier. The ratio for household loans also saw a rise, increasing by 0.03 percentage points to 0.45 percent over the same period.