Sangsangin Savings Bank Raises Interest Rates on Non-Face-to-Face Fixed Deposits... Up to 2.61% Annually
[Asia Economy Reporter Song Seung-seop] SangSangIn Savings Bank announced on the 9th that it has raised the interest rate on its non-face-to-face fixed deposit product to a maximum annual rate of 2.61%.
The applicable product is the ‘BangBangBang Parking Account 369 Fixed Deposit,’ which offers an annual interest rate of 2.61% for a deposit period of 12 months or more. The agreed interest rate varies depending on the deposit period.
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It is a compound interest product that applies the agreed interest rate according to the deposit period even in case of early termination, and can be used as a parking account. The minimum subscription amount is 100,000 KRW per person.
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