K Bank, Special Annual 2.1% Time Deposit Promotion Celebrating 'kt Wiz Championship'

[Asia Economy Reporter Kiho Sung] K Bank announced on the 23rd that it will hold a special interest rate event for time deposits to celebrate the first Korean Series championship of the group baseball team it sponsors, 'KT Wiz.'

Since this year, K Bank has been advertising its name on the chest protector of KT Wiz's catcher and at their home stadium, Suwon KT Wiz Park. To commemorate KT Wiz's first-ever Korean Series championship in 2021, K Bank's time deposit product 'Code K Time Deposit' with a one-year maturity will offer an annual interest rate of 2.1% (before tax). Considering that the interest rates for time deposit products in the banking sector as of the 22nd range from 0.50% to 1.82%, this is the highest level among banks for time deposits.

This event will continue without a specific deadline until the limit is exhausted. To commemorate the year of KT Wiz's Korean Series victory, the event limit is set at a total of 202.1 billion KRW.

Any K Bank customer can automatically receive the event interest rate by subscribing to the Code K Time Deposit through the K Bank app or website.

A K Bank official said, "We are pleased to have the opportunity to offer benefits to K Bank customers through the championship of KT Wiz, with whom we have a sponsorship."

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