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South Korea Bank Lending Rates Rise to 4.31% in June, Up 12 Basis Points Month-on-Month

2026-07-28 03:10:28

According to Bank of Korea's financial statistics released on July 28, the weighted average new loan rate for June reached 4.31% annually, up 12 basis points from the previous month. Small and medium-sized enterprise lending rates recorded the steepest increase at 23 basis points. The new-issue deposit rate rose to 3.08% annually, up 15 basis points month-on-month. Household fixed-rate loan proportion declined to 22.7% in June from 24.6% in May, continuing a downward trend.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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