South Korea: Business credit interest rate

(measure: percent, source: Bank of Korea)
Business credit interest rate, percent in South Korea, February, 2018: Data for that indicator for South Korea are available from January 1996 to February 2018. During that period, the average value for South Korea was 6.75 percent with a high of 17.44 percent in January 1998 and a low of 3.37 percent in July 2016. The source of the data for this indicator for South Korea is: Bank of Korea. Click on the following link to see the values of Business credit interest rate, percent around the world.
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Measure: percent
Source: Bank of Korea
Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.