A wider gap between deposit and loan interest rates… Nonghyup, Inbang, ranked No. 1 in 'interest trading'

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It has been found that the difference between deposit rates and loan rates at banks has widened more than a month ago.

Among the five major domestic banks, the Nonghyup had the largest interest rate gap.

We will continue the story after reading the report of reporter Im Tae-woo.

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In this disclosure, the difference in the loan-to-deposit interest rate was applied by subtracting the performance of policy loans for the common people from the total household loans.

This is to eliminate the illusion that the larger the loan-to-deposit interest rate gap, the greater the policy loan for low-income people.

The newly introduced loan-to-deposit interest rate differential is intended to more rigorously determine who has done the most 'interest business'.

As a result, Nonghyup showed the highest score of 1.73 percentage points among the five major commercial banks.

It was about 0.6 percentage points higher than Hana Bank, the smallest bank.

Shinhan Bank, which was ranked first in the loan-to-deposit interest rate gap last month, fell to fourth place when the new standard was applied.

Among internet banks with many customers with low and medium credit, Toss Bank had the highest score of 4.76 percentage points.

The loan-to-deposit interest rate gap widened more than a month ago.

Commercial banks saw a slight increase by around 0.1 percentage points, but some regional banks increased by 0.8 percentage points.

It is because the interest rate on deposits cannot be raised as much as the interest rate on loans has been raised.

[Bank Federation official: In the case of savings-type deposit interest rates, the proportion of short-term deposits has increased.

Short-term deposits generally have lower interest rates than long-term deposits.

As the proportion grew, the (incoming) interest rate did not rise as much as the loan rate.]

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[Reporter Im Tae-woo: One month ago, Shinhan Bank was ranked first among the five major commercial banks in the difference in interest rates between deposits and loans, but this time it was changed to Nonghyup Bank.

If you look at the figures alone, it can be said that the Nonghyup Bank performed the most interest trading last month.

However, if you look closely, the average credit score of customers borrowing money from Nonghyup is slightly lower than that of other commercial banks.

This means that the Nonghyup customer base has relatively low credit and borrows money at high interest rates, so it cannot be said that they were completely immersed in the interest business.]

[Reporter Im Tae-woo: You may fall into the trap of the average.

For example, if a bank usually offers low interest rates on loans, but in a certain month, in response to government policy, lends a lot of loans to the common people, the average lending rate of that bank will rise sharply.

What is important is not this average price, but which bank an individual can borrow money from at the lowest interest rate based on their credit score.

If you go to the official website of the Federation of Banks, you can see the loan interest rates according to credit ratings for each bank at a glance.]