Finance
KB Kookmin Bank cuts KB Saehuimangholssi II loan rates by 1 percentage point
KB Kookmin Bank said it cut the interest rate on new loans for its KB Saehuimangholssi II product by 1 percentage point to reduce interest burdens for financially vulnerable groups. The bank lowered the rate range for new loans handled from March 6 to 4.47 to 5.47 percent from 5.47 to 6.47 percent. Customers who repay diligently can receive additional rate cuts of up to 2.0 percentage points.
