South Korea Bank Average Lending Rate

Bank Lending Rate in South Korea decreased to 3.23 percent in July from 3.31 percent in June of 2016. Bank Lending Rate in South Korea averaged 7.03 percent from 1996 until 2016, reaching an all time high of 17.01 percent in January of 1998 and a record low of 3.23 percent in July of 2016. Bank Lending Rate in South Korea is reported by the The Bank of Korea. In South Korea, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. This page provides – South Korea Bank Average Lending Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.