Korea Joongang Daily
Korea JoongAng Daily

Rate cut for whom? Loan interest still near 4 percent despite BOK easing

Loan interest rates in Korea remain above 4 percent, despite the Bank of Korea's easing signals.

2025-04-20

With high interest rates, bank bonuses are even higher

Employees of major banks are expected to enjoy four-month end-of-year bonuses thanks to a booming 2022.

2023-01-09