KB Kookmin Bank Raises Savings and Deposit Interest Rates by up to 0.7 Percentage Points

[Asia Economy Reporter Buaeri] KB Kookmin Bank will raise interest rates on 33 types of regular deposits and installment savings by up to 0.7 percentage points starting from the 18th.

According to Kookmin Bank on the 15th, the interest rates for two products, ‘KB Golden Life Pension Preferential Deposit’ and ‘KB Golden Life Pension Preferential Installment Savings’, which offer various benefits and preferential rates for elderly customers receiving pensions, as well as the MZ generation tailored product ‘KB My Fit Installment Savings’, will be increased by 0.7 percentage points.

Accordingly, the ‘KB Golden Life Pension Preferential Deposit’ will be raised to a maximum of 2.95% per annum, and the ‘KB Golden Life Pension Preferential Installment Savings’ will be raised to a maximum of 3.05%. The ‘KB My Fit Installment Savings’ will be changed to a maximum of 4.40% per annum.

In addition, the ‘KB Double Moa Deposit’ was raised by 0.5 percentage points to a maximum of 3.05% per annum, and the ‘KB Companion Happiness Installment Savings’ was raised by 0.5 percentage points to a maximum of 3.90%.

A KB Kookmin Bank official said, "We raised the interest rates on deposit products considering the Bank of Korea’s base rate hike and the recent rise in market interest rates," adding, "We will continue to do our best to help customers build their assets."

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