"Up to 1.4% Preferential Interest Rate"… Gwangju Bank's 'Plus Damoa' Special Term Deposit Offer

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Bank (President Song Jong-wook) will conduct a special sale by adding additional preferential interest rates to the Plus Damoa fixed deposit for one month starting from the 18th of this month.

This special sale targets individual and sole proprietor customers who visit the branch, with a subscription amount per person ranging from a minimum of 10 million KRW to a maximum of 100 million KRW. By adding additional preferential interest rates, customers can receive up to 1.30% per annum for a 1-year term and up to 1.40% per annum for a 2-year term.

The total sales limit for the special fixed deposit sale is 100 billion KRW, and if the limit is exhausted during the period, the sale will be ended early after notice on the Gwangju Bank website.

Kim Jae-chun, Head of Sales Promotion Department at Gwangju Bank, explained, "In these difficult times due to the prolonged COVID-19 pandemic, we have decided to conduct this special fixed deposit sale to support customers in preparing their seed money for financial planning and to repay their support."

He added, "We will continue to do our best as the representative bank of Gwangju and Jeonnam by developing financial products and providing services that empower our customers and accompany the local community."

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