Gwangju Bank Launches 'KIA Tigers Victory Celebration Savings and Deposits'

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Bank (President Song Jong-wook) announced on the 25th that it will launch the ‘KIA Tigers Victory Wish Savings and Deposit’ in line with the opening of the 2021 professional baseball season and sell it until July 31.

Gwangju Bank sells the ‘KIA Tigers Victory Wish Savings and Deposit’ every year during the professional baseball season to wish for the KIA Tigers’ victory. Last year, it received enthusiastic attention from baseball fans, surpassing 10,000 accounts within two months of launch and conducting additional sales after exhausting the 200 billion KRW sales limit within three months.

This year’s ‘KIA Tigers Victory Wish Savings and Deposit’ offers various preferential interest rates depending on the KIA Tigers’ professional baseball performance, along with launch events.

The ‘KIA Tigers Victory Wish Savings’ allows one account per person with a subscription amount from 5 million KRW up to 50 million KRW, providing a maximum preferential interest rate of 0.25%p added based on the KIA Tigers’ professional baseball performance, offering up to 1.05% annual interest benefits.

The conditions for the preferential interest rates are ▲0.05%p if the KIA Tigers advance to the postseason ▲0.1%p if they win the regular season ▲0.1%p if they win the Korean Series.

The ‘KIA Tigers Victory Wish Deposit’ is a fixed installment product with monthly subscriptions from 100,000 KRW up to 1 million KRW, offering the same preferential interest rate conditions as the savings (up to 0.25%p), and additionally providing event preferential interest rates up to 0.8%p to add fun to cheering, offering up to 2.05% annual interest.

The event preferential interest rate conditions are ▲0.1%p for customers who subscribed to the ‘KIA Tigers Victory Wish Deposit’ in the 2020 season and re-subscribe in 2021 ▲up to 0.5%p depending on the longest winning streak record of the KIA Tigers in the regular season ▲up to 0.2%p depending on the team’s winning percentage in the regular season.

Additionally, Gwangju Bank will hold abundant events wishing for the successful opening of the 2021 professional baseball season and the KIA Tigers’ victory.

Until July 31, customers who subscribe to the ‘KIA Tigers Victory Wish Savings and Deposit’ and purchase Champions Field home game tickets with a Gwangju Card will be entered into a draw to receive a KIA Tigers baseball defense cap.

Song Jong-wook, president of Gwangju Bank and the first subscriber to the ‘KIA Tigers Victory Wish Savings and Deposit,’ said, “We thank you for the warm support so that the ‘KIA Tigers Victory Wish Savings and Deposit’ can be loved by many customers and local residents every season. During this difficult time due to COVID-19, we will continue to introduce various products and events that share and empathize with our local stories, and as the representative bank of Gwangju and Jeonnam, we will take the lead in providing financial support that can empower local residents.”

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