NH Nonghyup Bank is lowering household loan interest rates.
According to the financial sector on the 4th, NH Nonghyup Bank plans to reduce interest rates on non-face-to-face mortgage loans and personal credit loans starting from the 6th.
For mortgage loans, the interest rates for new and refinancing of fixed installment products will be lowered by 0.20 percentage points, and for variable products, the rates for new and refinancing will be reduced by 0.30 percentage points. The interest rates on non-face-to-face personal credit loans will be lowered by 0.30 to 0.40 percentage points.
An official from the bank stated, "This interest rate reduction is to ease the burden on household loan customers."
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