IBK raises household lending rate by up to 0.4 percentage point

IBK Industrial Bank will raise interest rates by up to 0.4%p to manage household loans.

The Industrial Bank of Korea said it will reduce interest rate reductions for household loan products by 0.1 to 0.4%p from the 25th.Reducing the right to reduce

has the effect of increasing the loan interest rate.

Representatively, for mortgage products, interest rates rise 0.3%p for non-face-to-face and periodic types rise 0.2%p for face-to-face.

At the same time, among mortgage loans, the living stabilization fund for single homeowners will limit the loan limit for each mortgage to 100 million won per year.