banks\ lending rates fall to record low in october
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Banks\' lending rates fall to record low in October

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Emiratesvoice, emirates voice Banks\' lending rates fall to record low in October

Seoul - Yonhap
South Korean banks' lending rates declined to a record low in October as market rates have been on the fall, the central bank said Thursday. The banks' average rates for new loans to households and firms stood at 4.46 percent in October, down from 4.54 percent tallied in the previous month, according to the Bank of Korea (BOK).

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