Woori Financial Group Launches Special Annual 2.03% Rate to Celebrate Full Privatization

Launch of Special Deposit and Savings Products and Prize Event

[Asia Economy Reporter Jin-ho Kim] Woori Financial Group announced on the 12th that it will hold special product launches and events through its subsidiaries to celebrate the successful full privatization after 23 years.

Woori Bank has launched a high-interest special deposit product called ‘Thank You, Our Customers Time Deposit’ with an annual interest rate of up to 2.03%. The base interest rate is 1.53% per year for a 1-year term and 1.63% per year for a 2-year term, with an additional preferential interest rate of up to 0.4 percentage points.

In particular, in the case of early termination (after half of the contract period has passed), both the base interest rate and the preferential interest rate are applied.

Woori Card is running a generous prize event. Customers who use Woori Card for more than 100,000 KRW (excluding corporations and gift cards) by the end of this month will be entered into a draw to win prizes for a total of 50,000 people, including ▲1st prize: 100g gold bar (1 winner) ▲2nd prize: The Sheriff TV (3 winners) ▲3rd prize: PlayStation 5 (10 winners) ▲4th prize: Dyson Supersonic (50 winners). Entry and app consent through the Woori Card smart app are mandatory, and using simple payment methods grants one additional chance in the draw.

Woori Financial Savings Bank has launched a high-interest special installment savings product called ‘With Time Deposit Savings’ with an annual interest rate of up to 5.0%. The base interest rate is 2.1% per year, and by installing the ‘Woori Won Savings Bank’ app and consenting to marketing, customers can receive an additional preferential interest rate of 2.9 percentage points. The special installment savings account is limited to one account per person, with monthly deposits ranging from 10,000 KRW to a maximum of 200,000 KRW, and can be subscribed to not only at branches but also through internet banking and mobile banking (SB TokTok Plus).

A representative of Woori Financial Group said, “To commemorate the full privatization, we have prepared products and events to express our gratitude to customers who have been with Woori Financial Group,” adding, “We plan to continue launching customer-centered products and services in the future.”

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