Sh Suhyup Bank Raises Deposit Interest Rates by up to 0.3%p View original image


[Asia Economy Reporter Buaeri] Sh Suhyup Bank has raised the base interest rates on major deposit products by up to 0.3 percentage points.


According to Suhyup Bank on the 5th, starting from the previous day, the base interest rates for some fixed-term deposit products for individual and corporate customers were increased by 0.25 to 0.30 percentage points depending on the range.


With this rate hike, deposit products for individual customers such as 'Saranghae Jeonggi Deposit', 'Eochon Welfare Deposit', and 'Dokdo Sarang Deposit' now offer a maximum annual interest rate of 2.25% for a 1-year maturity.



For corporate customers, deposit products including 'Saranghae Jeonggi Deposit', 'Eochon Welfare Deposit', and 'Jeonggi Deposit' also saw base interest rates increased by 0.25 percentage points depending on the range.


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

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