Mayor Heo Seong-mu of Changwon (center) visited the Gyeongnam Bank City Hall branch and became the first subscriber to the 'Changwon Special City Launch Financial Product.' [Image source=Changwon City]

Mayor Heo Seong-mu of Changwon (center) visited the Gyeongnam Bank City Hall branch and became the first subscriber to the 'Changwon Special City Launch Financial Product.' [Image source=Changwon City]

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[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Changwon City in Gyeongnam has launched a special financial product linked with the regional bank, Gyeongnam Bank, ahead of the launch of its special city status.


According to the city on the 3rd, the Changwon Special City Launch Commemorative Product offers a preferential interest rate to all citizens who subscribe, and provides an additional preferential interest rate if the city's population increases.


The subscription amount starts from 1 million KRW, and subscriptions can be made through Gyeongnam Bank branches, internet banking, etc., until March 31.


The city put considerable effort into launching the product in line with the special city launch, holding months of consultations with Gyeongnam Bank to enhance public response and trust in the policy.


Mayor Heo Seong-mu personally visited the Gyeongnam Bank City Hall branch and became the first subscriber of the Changwon Special City Launch Commemorative Product.


Mayor Heo said, "The financial product launched with the Changwon Special City launch has a structure where the yield changes in connection with the successful launch of the special city," adding, "We will do our best to ensure that various benefits like this reach the citizens who will be the protagonists at the dawn of the great transformation in 2022."


Meanwhile, the city will hold the Changwon Special City Launch Ceremony at the Changwon Indoor Gymnasium on the 13th.



Under the theme "A New Future for Changwon! Starting with Changwon Special City," the event will proceed with a pre-ceremony performance, the launch ceremony, a themed performance, and congratulatory performances by invited singers.


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

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