IBK Savings Bank, Special Sale of '2020 Himchan Savings' for Social Contribution

[Asia Economy Reporter Kim Min-young] IBK Savings Bank announced on the 7th that it has launched a special sales product called '2020 Himchan Regular Savings' to welcome the new year.

This savings account is available on a first-come, first-served basis for 2,020 people, limited to one account per person, with a monthly deposit amount ranging from 10,000 to 300,000 KRW, and a subscription period selectable between 12 months and 24 months.

This savings product is characterized by being launched for social contribution purposes. Preferential interest rates are applied for basic livelihood security recipients, child-headed households, low-income workers, etc., allowing interest rates up to 4% per annum. In addition, preferential interest rate conditions are provided for various groups such as multi-child families, traditional market merchants, Saeteomin (North Korean defectors), and multicultural families. Preferential interest rates can also be applied through new check card issuance or internet banking subscription.

An IBK Savings Bank official stated, "This year will be the first year of completing IBK Savings Bank's mobile infrastructure," and added, "Early next month, we plan to launch a new app that significantly improves the existing IBK Savings Bank mobile application, enabling one-stop processing of easy remittance, easy loans, deposits, and more."

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