NH Nonghyup Bank Launches Event for New Individual IRP Subscribers

Commemorating the Reduction of Fees for Individual Retirement Pension IRP
Generous Prizes Awarded to 2,020 Customers Through a Drawing

[Asia Economy Reporter Kangwook Cho] NH Nonghyup Bank announced on the 6th that it will hold an event for customers who sign up for a personal retirement pension (IRP) at Nonghyup Bank or transfer an IRP (or pension savings) account from another institution by September 30.

The eligible participants during the event period are ▲ customers who newly subscribe to a personal IRP at Nonghyup Bank (new subscription with a personal contribution of 100,000 KRW or more and automatic transfer registration of 100,000 KRW or more, or customers who receive retirement pay of 3,000,000 KRW or more) ▲ customers who transfer contracts of 1,000,000 KRW or more from another institution’s IRP to Nonghyup Bank.

Among the customers who enter the event, 2,020 winners will be selected by lottery to receive prizes such as LG Styler, Dyson Airwrap, AirPods, agricultural product packages, and Starbucks coffee coupons. Entries can be made through smart/internet banking and All One Bank.

Kim Ki-hyun, head of the Retirement Pension Department at Nonghyup Bank, said, "In this era heading toward zero interest rates, we boldly lowered the fee rate for personal IRP retirement pensions to increase returns for Nonghyup customers," adding, "Nonghyup Bank will continue to do its best to provide customers with practical benefits."

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