The Bank of Korea published interest rate statistics for August 2025 showing a further decline in deposit rates, while the average rate on new loans was unchanged from the previous month. The average interest rate on new deposits was 2.49%, down 2 basis points month on month, and the average rate on outstanding deposits as of end-August was 2.08%, down 4 basis points. The average interest rate on new loans was 4.06%, unchanged, while the average rate on outstanding loans as of end-August fell 4 basis points to 4.26%.
Bank of Korea 2025-09-30
Bank of Korea reports August 2025 deposit rates down and new loan rates steady
The Bank of Korea reported August 2025 interest rate statistics, noting a decline in deposit rates while loan rates remained stable. The average rate on new deposits decreased to 2.49%, and outstanding deposits fell to 2.08%. The average rate on new loans held steady at 4.06%, with outstanding loans decreasing to 4.26%.