Shinhan Savings Bank Offers 'ESG Preferential Interest Rates' on Savings Accounts for Reducing Electricity and City Gas Usage
[Asia Economy Reporter Song Seung-seop] Shinhan Savings Bank will offer the ‘ESG Eco-friendly Preferential Interest Rate’ benefit starting from the 6th.
The target customers are those who open a new fixed savings account and have enrolled in the ‘Carbon Point System (Eco Mileage).’ The ESG (Environmental, Social, and Governance) eco-friendly preferential interest rate applies to 12-month fixed savings products. A special preferential interest rate of 0.5 percentage points will be additionally provided on top of the announced interest rate for a 12-month fixed savings account, limited to one account per person.
To receive the preferential interest rate, customers must verify their enrollment in the ‘Carbon Point (Eco Mileage)’ program before signing up for the product. The Carbon Point System (Eco Mileage) is a program that offers incentives based on the reduction rate when electricity, water, and city gas energy usage is decreased. Customers can enroll online through the Carbon Point System (Eco Mileage) website or visit the relevant city, county, or district office in charge.
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Lee Hee-su, President of Shinhan Savings Bank, emphasized, “This is an opportunity not only for interest rate benefits but also to raise awareness and participate in energy-saving and greenhouse gas reduction efforts.” He added, “We plan to continue providing eco-friendly financial services and various activities such as internal campaigns.”
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