BOK's Rhee says want for additional fee cuts is increased, draw back threat to financial system has risen

Earlier:

• Financial institution of Korea leaves fee unchanged at three% vs. minimize to 2.75% anticipated
• BOK plans to develop the cap on non permanent particular loans for small and medium companies

Financial institution of Korea Governor Rhee Chang-yong press convention no:

• resolution was not unanimous
• want for additional fee cuts is increased now that the draw back threat to financial development has risen

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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