South Korean financial institutions reported nearly 3 trillion won (approximately $2 billion) in loans issued in the first quarter are now considered expected losses. These four major financial groups—KB Financial Group, Shinhan Financial Group, Hana Financial Group, and Woori Financial Group—hold these loans, which are deemed unlikely to be recovered. This represents a 5.8% increase in such loans compared to the same period last year. AI
RANK_REASON The cluster contains multiple unrelated news items, with no single dominant AI-related story, and the lead item is about weather and road closures.
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