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South Korea Bank Lending Rate

Bank Lending Rate in South Korea

Indicator Data Period
Bank Lending Rate 5.1 % Aug/23


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     South Korea - Historical Data (%)

What is South Korea Bank Lending Rate?

  • Bank Lending Rate in South Korea decreased to 5.1 % in August 2023. The maximum level was 17.01 % and minimum was 2.63 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
5.1 Aug/23 27.09.2023
5.11 Jul/23 30.08.2023
5.17 Jun/23 28.07.2023
5.12 May/23 30.06.2023
5.01 Apr/23 30.05.2023
5.17 Mar/23 28.04.2023
5.32 Feb/23 31.03.2023
5.46 Jan/23 28.02.2023


Historical Chart by presidents (%)

Bank Lending Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 3.4500 3.6500 3.6900 3.4300 5.80%
Park Geun-hye 25.02.2013 - 10.05.2017 4.9100 3.4200 4.9100 3.2300 -30.35%
Lee Myung-bak 25.02.2008 - 25.02.2013 6.9000 5.0000 7.7900 4.8400 -27.54%
Roh Moo-hyun 25.02.2003 - 25.02.2008 6.3900 7.2500 7.2500 5.4900 13.46%
Kim Dae-jung 25.02.1998 - 25.02.2003 16.8600 6.5100 17.0000 6.5100 -61.39%
Kim Youngs-am 25.02.1993 - 25.02.1998 11.4300 17.0100 17.0100 10.9900 48.82%

Other money indicators in South Korea

Index Updated Actual Previous
Interbank Rate Oct/23 3.88 % 3.88
Interest Rate Sep/23 3.5 % 3.5
Loans to Private Sector Aug/23 916.802 B USD 910.694
Money Supply M1 Jul/23 892.317 B USD 892.254
Central Bank Balance Sheet Jul/23 404.205 B USD 428.042
Deposit Interest Rate Jul/23 3.81 % 3.77
Foreign Direct Investment 3Q/23 6.855 B USD 11.459

Bank Lending Rate in other countries

Country Updated Actual Previous
Jordan Aug/23 11.39 % 11.4
China Oct/23 4.35 % 4.35
India Sep/23 10.1 % 10.1
Israel Feb/23 5.88 % 5.67
South Korea Aug/23 5.1 % 5.11
Taiwan Aug/23 3.13 % 3.13
Hong Kong Sep/23 5.88 % 5.88
Japan Oct/23 1.5 % 1.45
Malaysia Aug/23 5.43 % 5.46
Philippines Dec/19 6.54 % 6.77
Singapore Jun/21 5.25 % 5.25
Sri Lanka Aug/23 15.29 % 17.18
Thailand Sep/23 6.75 % 6.75
Kuwait 2Q/23 4.85 % 4.71
Bahrain Mar/23 6.44 % 6.44
Mauritius Aug/23 9.5 % 9.5