Arab Today, arab today banks\ lending rates fall to record low in october
Last Updated : GMT 14:49:19
Arab Today, arab today
Arab Today, arab today

Banks\' lending rates fall to record low in October

Arab Today, arab today

Arab Today, arab today 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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