Why are loan rates rising even after BOK's rate cut?

Despite a recent rate cut by the Bank of Korea (BOK), loan rates at major banks continue to rise due to regulatory pressure to tighten household lending. As these banks reduce deposit rates in response to the key rate decrease, the loan-deposit margin is expected to enhance their interest income this year.Weiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times