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Bank's lending rate for large companies declines...

Asia Africa Intelligence Wire

| November 27, 2001 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

= Bank's lending rate for large companies declines to record-low of 6% =

Commercial banks' lending rate for large companies dropped to a record-low of 6%, the Bank of Korea reported on November 27.

The rate continued to decline and dropped under 7%, affected by the government's low interest policy.

The central bank said …

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