Sh Suhyup Bank Increases Sales Limit of Deposit Products with Up to 3.5% Interest by 200 Billion KRW
[Asia Economy Reporter Buaeri] Sh Suhyup Bank announced on the 23rd that it has increased the sales limit of the 'Sh Plus Alpha Deposit' by 200 billion KRW.
The 'Sh Plus Alpha Deposit,' which has been on sale since the 4th of last month, is a 12-month maturity product with a maximum limit of 500 million KRW per person. Customers who are first-time fixed deposit clients of Suhyup Bank or meet conditions such as new fund subscriptions, automatic transfer performance, and marketing consent can receive an interest rate benefit of up to 3.5% per annum.
Suhyup Bank explained that the sales limit was quickly exhausted due to word-of-mouth about the interest rate benefits, leading to the decision to increase the limit.
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Suhyup Bank also expanded the sales limit of the 'Hey (Hey) Savings,' which offers an interest rate of up to 3.7% per annum for first-time customers or those renewing at maturity, from the previous 30,000 accounts to 50,000 accounts.
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