Five Major Banks’ Household Loan-Deposit Rate Spread Widens to 1.504%—First Increase in Five Months
South Korea’s five largest banks saw their household loan-deposit rate spread widen to 1.504% in January, the first increase in five months, as rising market rates pushed up lending costs.
South Korean banks' mortgage rates rose for the fourth straight month in January, reaching a 14-month high of 4.29%, while deposit rates fell and the loan-deposit spread widened, reflecting ongoing upward pressure on household borrowing costs.
#YonhapInfomax #MortgageRates #BankOfKorea #HouseholdLoans #DepositRates #LoanDepositSpread #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107238
Mortgage Rates at South Korean Banks Rise for Fourth Consecutive Month, Hitting 14-Month High of 4.29% in January
South Korean banks' mortgage rates rose for the fourth straight month in January, reaching a 14-month high of 4.29%, while deposit rates fell and the loan-deposit spread widened, reflecting ongoing upward pressure on household borrowing costs.
South Korea’s top five banks saw their average loan-deposit spread narrow for the second straight month in October, as deposit rates rose faster than lending rates, with Shinhan Bank posting the widest spread and K Bank leading among internet-only banks.
#YonhapInfomax #LoanDepositSpread #ShinhanBank #DepositRates #HouseholdLoans #KBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=92627
Deposit Rate Hikes Narrow Loan-Deposit Spread at South Korea's Top 5 Banks for Second Consecutive Month—1.424%p
South Korea’s top five banks saw their average loan-deposit spread narrow for the second straight month in October, as deposit rates rose faster than lending rates, with Shinhan Bank posting the widest spread and K Bank leading among internet-only banks.
South Korean household loan rates held steady in September after nine months of declines, while deposit rates rose for the first time in a year, reflecting higher short-term market rates and narrowing the loan-deposit spread.
#YonhapInfomax #BankOfKorea #HouseholdLoanRates #DepositRates #ShortTermMarketRates #LoanDepositSpread #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88564
Household Loan Rates Hold Steady in September—Deposit Rates Rise for First Time in a Year
South Korean household loan rates held steady in September after nine months of declines, while deposit rates rose for the first time in a year, reflecting higher short-term market rates and narrowing the loan-deposit spread.
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