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S KOREA'S CHOHUNG BANK TO RAISE DEPOSIT RATES.

AsiaPulse News

| March 02, 2005 | COPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, March 2 Asia Pulse - Chohung Bank, a unit of South Korea's second-largest financial services group, said Wednesday it will raise interest rates on its time deposits by 0.1 to 0.2 per cent.

The move of the bank, affiliated with Shinhan Financial Group Co. (KSE:055550), follows that of other South Korean commercial lenders that decided last ...

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