S. Korean banks' lending rate rises for 4th month in February
SEOUL, March 27 (Xinhua) -- South Korean banks' lending rate rose for the fourth consecutive month amid lower expectations for additional policy rate cuts, central bank data showed Friday.
The weighted average rate for new bank loans gained 0.02 percentage points from a month earlier to an annualized rate of 4.26 percent in February, continuing to swell since November last year, according to the Bank of Korea (B