Banking - Korea



TopicValue
Central bank discount rate (%)2.5
Commercial bank prime lending rate (%)4.7
Value & RankThe Central bank discount rate of Korea is 2.50 (%) with a global rank of 112.
Korea compared to other CountriesThe Central bank discount rate of Korea is similar to that of Gabon, Australia, Togo, Saudi Arabia, New Zealand, Thailand, China, Oman, Jamaica, Comoros with a respective Central bank discount rate of 3.00, 3.00, 2.50, 2.50, 2.50, 2.25, 2.25, 2.00, 2.00, 1.93 (%) and a global rank of 107, 108, 109, 110, 111, 113, 114, 115, 116, 117.Last 6 years averageKorea had an average Central bank discount rate of 1.73 (%) in the last 6 years from (2007 to 2013).
Korea since the end of the Great RecessionKorea's Central bank discount rate had a positive growth of 100.0% since the end of the Great Recession
Central bank discount rate of Korea
Value & RankThe Commercial bank prime lending rate of Korea is 4.70 (%) with a global rank of 155.
Korea compared to other CountriesThe Commercial bank prime lending rate of Korea is similar to that of Latvia, Hong Kong SAR, China, Kuwait, The Bahamas, Mexico, Malaysia, Lithuania, United Kingdom, Niger, Israel with a respective Commercial bank prime lending rate of 5.00, 5.00, 4.90, 4.75, 4.70, 4.50, 4.50, 4.40, 4.00, 3.80 (%) and a global rank of 150, 151, 152, 153, 154, 156, 157, 158, 159, 160.Last 5 years averageKorea had an average Commercial bank prime lending rate of 5.72 (%) in the last 5 years from (2008 to 2013).
Korea since the end of the Great RecessionKorea's Commercial bank prime lending rate had a negative growth (decline) of 16.8% since the end of the Great Recession
Commercial bank prime lending rate of Korea
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Datasource: CIA - The World Factbook