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. BofA: Firms want cross-border payments without tech headaches 2. Top companies are looking for top talent — they’re looking for CTPs 3. ANZ to lay off 3,500 staff, reduce services contractors engagement 4. Citi’s new Singapore head is first local to hold the position in 50 years 5. Alipay+ Voyager customers can book Grab rides in their e-walletsResource Center
Event News
Co-Written / Partner
Driving banking modernisation in Malaysia and Southeast Asia with Equinix
Discover how interconnected data centres are enabling banks to accelerate innovation, strengthen compliance, and achieve sustainable growth.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how