KB Securities "Earn 5% RP Annually When You Join the Intermediary ISA"
Preferred Benefits for Public Offering Subscription Also Provided
[Asia Economy Reporter Minwoo Lee] KB Securities is offering a pre-tax annual 5% special repurchase agreement (RP) to customers who open a brokerage-type Individual Savings Account (ISA).
On the 22nd, KB Securities announced that it will hold a 'Pre-tax Annual 5.0% Special RP (91-day term)' event. The offer is available to new KB Securities brokerage-type ISA customers, existing customers, and account transfer customers. Each individual can purchase up to 1 million KRW worth of the pre-tax annual 5.0% special RP (91-day term). Participation is on a first-come, first-served basis until the limit is exhausted. Customers can purchase only once initially, and in case of early termination, a pre-tax annual rate of 0.85% (0.10% pre-tax annual rate after maturity) will be paid.
Additionally, if customers make a net deposit of 1 million KRW or more into their KB Securities brokerage-type ISA by the day before the public offering subscription, they receive a 1.5 times subscription limit, and if they deposit 20 million KRW or more, they receive double the subscription limit as a preferential benefit for public offering subscriptions.
Furthermore, to celebrate the upcoming Year of the Tiger next year, KB Financial Group is running an integrated event called "If You Save Taxes, You Won't Get Caught~ Roar!" until January 28. Customers who newly subscribe to the 'KB Securities brokerage-type ISA,' make a net deposit of 100,000 KRW or more, and maintain their balance will be entered into a draw to win a 20-don (approximately 75 grams) pure gold tiger ornament (2 winners), a 500,000 KRW mobile gift certificate for a large supermarket (1 winner), or a movie ticket for two (2,022 winners). The first 22,020 customers will receive a 10,000 KRW mobile gift certificate for a large supermarket.
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Lee Hong-gu, Head of WM Division at KB Securities, stated, "We will strive to provide good products and services through brokerage-type ISAs, which maximize tax benefits via portfolio investments using stocks, ETFs, and financial products, to help our customers manage their assets effectively."
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