Regulator Expects Disclosure of Banks’ Rate Spreads to Enhance Transparency, Choices for Customers

SEOUL, Aug. 23 (Korea Bizwire) — South Korea’s financial regulator said Tuesday that the recent disclosure of local banks’ lending-deposit interest rate differences will enhance transparency in their operation and provide customers with better choices in selecting products. Starting Sunday, the Korea Federation of Banks started to allow visitors on its website to know and [...]