banks lending rates rise for third month in january
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Banks lending rates rise for third month in January

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Emiratesvoice, emirates voice Banks lending rates rise for third month in January

Seoul - Yonhap

South Korean banks' lending rates rose for the third straight month in January as housing lending rate rose, the central bank said Thursday. The average rate for new loans to households and firms stood at 4.53 percent in January, up 0.01 percentage point from the previous month, according to the Bank of Korea (BOK).

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