Korea interest rate
South Korea to implement KOFR in derivatives market in 2025
South Korea to implement KOFR in derivatives market in 2025
Target share is 10% in 2025, and 50% in 2030.
South Korea’s deposit, loan interest rates rose in May
Average interest rate for new deposits rose 15 basis points from April.
Join the community
Thought Leadership Centre
Most Read
1. Payment failures cost Singapore merchants $12b annually 2. Singapore's big 3 banks pivot to wealth as margins shrink 3. HSBC and HSBC Life sign Humansa MOU for HNW health planning 4. Citi targets APAC insurance investments with new senior hires 5. OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia tradeResource Center
Event News
Islamic Banking
BSN eyes retail and gold to push beyond mortgage-heavy roots
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance