SEOUL, Jan. 30 (Xinhua) -- South Korea's household lending rate slightly rose in December though it stayed in a low level amid the record-low policy rate, central bank data showed Thursday.

File photo: CGTN

Rate for household loan, extended by banks, was an annualized rate of 2.98 percent in December, up 0.02 percentage points from the previous month, according to the Bank of Korea (BOK).
Despite the slight increase, the lending rate hovered relatively low as the BOK cut its benchmark interest rate to a record low of 1.25 percent in October.
Mortgage loan rate stood at a record low of 2.45 percent in December, unchanged from the prior month.
Rate for banks' corporate loan averaged an annualized rate of 3.36 percent last month, up 0.07 percentage points from a month earlier.
The overall lending rate, including rates for banks' household and corporate loans, gained 0.04 percentage points over the month to 3.22 percent in December.
Rate for savings deposit fell 0.02 percentage points from a month earlier to an annualized rate of 1.60 percent in the month.