Woori Bank to Lower Jeonse Loan Interest Rates by Another 0.2 Percentage Points

[Asia Economy Reporter Song Seung-seop] Woori Bank will lower the jeonse loan interest rates once again following last month.

The targeted products are Woori WON Jeonse Loan, i-Touch Jeonse Loan, and Woori Smart Jeonse Loan, effective from the 14th. The interest rate reduction is 0.2 percentage points. Customers can choose Woori Jeonse Loan or the non-face-to-face jeonse loan with the 'New COFIX 6-month base rate.'

Woori Bank applied a special preferential interest rate of 0.2 percentage points on new mortgage loans and jeonse loans on the 21st of last month.

A Woori Bank official explained, "This is to alleviate the housing burden for actual jeonse users and to manage household debt at an appropriate level."

This content was produced with the assistance of AI translation services.