Interbank Rate in South Korea remained unchanged at 2.81 percent on Friday May 22. Interbank Rate in South Korea averaged 2.78 percent from 2004 until 2026, reaching an all time high of 6.14 percent in October of 2008 and a record low of 0.57 percent in August of 2020. source: The Bank of Korea

Interbank Rate in South Korea is expected to be 2.81 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Three Month Interbank Rate is projected to trend around 2.56 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 593895.90 589659.80 KRW Billion Mar 2026
Foreign Exchange Reserves 427880.00 423660.00 USD Million Apr 2026
Interbank Rate 2.81 2.81 percent May 2026
Interest Rate 2.50 2.50 percent Apr 2026
Lending Rate 3.00 3.00 percent Apr 2026
Loans to Private Sector 1466586.80 1457891.20 KRW Billion Mar 2026
Money Supply M0 202707500.00 202689600.00 KRW Million Mar 2026
Money Supply M1 1375828.50 1367134.30 KRW Billion Mar 2026
Money Supply M2 4118090.60 4099487.40 KRW Billion Mar 2026
Money Supply M3 6142542.90 6171307.30 KRW Billion Mar 2026


South Korea Three Month Interbank Rate
In South Korea, the interbank rate is the rate of interest charged on short-term loans made between banks.
Actual Previous Highest Lowest Dates Unit Frequency
2.81 2.81 6.14 0.57 2004 - 2026 percent Daily