This is the first adjustment since the Bank of Korea lowered its key interest rate by 0.25%p on the 11th.
From today (23rd), NH Nonghyup Bank will cut the interest rate on standing deposits by 0.25~0.4%p.
In addition, savings deposits will be reduced by 0.25% to 0.55%p and subscriptions will be reduced by 0.25%.
Woori Bank also decided to adjust the reserve deposit rate by 0.2%p from today, but increase the sales limit from 850,000 to 900,000 seats.
Separately, the preferential interest rate for credit loan transfer products will be reduced by up to 1.9% from the 25th to strengthen household loan management.
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