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Bank Loan Rates Jump Again… 'Debt-Financed Investment' on Edge Amid Interest Rate Hike Rumors
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[Seoul = Newsis] Reporter Cho Hyun-ah = Household loan interest rates in the banking sector, which had seen a slowdown in their upward trend for a while, are rising again. This is due to the sharp rise in market interest rates caused by instability in the Middle East. Furthermore, with the possibility of a Bank of Korea interest rate hike within the year emerging, it is forecasted that upward pressure on loan rates will continue for the time bei…
·Seoul, Korea (the Republic of)
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