May 02, 2024
Finance
Interest rates for household loans inch up in Dec.
[THE INVESTOR] Bank lending rates on new household loans inched up in December, central bank data showed on Jan. 26.
The average interest rates on fresh household loans extended by local banks reached 3.29 percent last month, up 0.09 percentage point from the previous month, according to the Bank of Korea.
The average interest rates on new mortgages came to 3.13 percent in December, up 0.09 percentage point from a month earlier, according to the BOK.
The average interest rates on all new loans stood at 3.44 percent in December, up 0.08 percentage point from a month earlier.
The rates on new corporate loans came to 3.54 percent, up 0.09 percentage point from the previous month.
The average rates paid by banks on fresh deposits gained 0.05 percentage point to 1.56 percent over the cited period. The gap between the interest rates paid to and by banks came to 1.88 percent in December, up from 1.85 percent in November.
(theinvestor@heraldcorp.com)
The average interest rates on fresh household loans extended by local banks reached 3.29 percent last month, up 0.09 percentage point from the previous month, according to the Bank of Korea.
The average interest rates on new mortgages came to 3.13 percent in December, up 0.09 percentage point from a month earlier, according to the BOK.
The average interest rates on all new loans stood at 3.44 percent in December, up 0.08 percentage point from a month earlier.
The rates on new corporate loans came to 3.54 percent, up 0.09 percentage point from the previous month.
The average rates paid by banks on fresh deposits gained 0.05 percentage point to 1.56 percent over the cited period. The gap between the interest rates paid to and by banks came to 1.88 percent in December, up from 1.85 percent in November.
(theinvestor@heraldcorp.com)
