BNK Gyeongnam Bank Raises Interest Rates on ‘Happy Together Time Deposit’ and ‘Ulsan 2022 Time Deposit’

Two Types of Fixed Deposits, Preferential Interest Rates Raised from up to 0.90%p to 1.05%p

Gyeongnam Bank Headquarters.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Song Jong-gu] BNK Gyeongnam Bank is offering special sales by raising the interest rates of the ‘Happy Together Time Deposit’ and the ‘Ulsan 2022 Time Deposit’.

The Happy Together Time Deposit has added a customer appreciation preferential interest rate item (0.15%p) given to all subscribing customers, and the Ulsan 2022 Time Deposit’s preferential interest rate item commemorating the Ulsan National Sports Festival has been raised from the previous 0.20%p to 0.35%p.

Accordingly, the two types of time deposits have increased their preferential interest rates from a maximum of 0.90%p to 1.05%p, allowing customers to receive up to 3.50% per annum for 6 months at maturity and up to 3.80% per annum for 1 year at maturity (before tax).

Choi Myung-hee, head of the Marketing Promotion Department, said, “We have strengthened the competitiveness of the products by raising the interest rates of the two time deposits currently on special sale. Since you can receive up to 3.80% per annum for a 1-year maturity, we hope many will show interest in these two time deposits. We will continue to strive to provide various benefits to local residents and customers.”

The Happy Together Time Deposit has a sales limit of 500 billion KRW and offers a maximum preferential interest rate of 1.05%p depending on whether conditions such as ▲customer appreciation (0.15%p) ▲subscription via non-face-to-face channels (0.20%p) ▲subscription amount of 30 million KRW or more (0.20%p) ▲transactions with BNK Gyeongnam Bank are met.

Subscriptions are available at BNK Gyeongnam Bank branches as well as through mobile banking, internet banking, and the customer center.

The Ulsan 2022 Time Deposit, with a sales limit of 100 billion KRW, offers a maximum preferential interest rate of 1.05%p depending on whether conditions such as ▲commemoration of the 2022 Ulsan National (Disabled) Sports Festival (0.35%p) ▲working or residing in Ulsan (0.30%p) ▲subscription amount of 30 million KRW or more (0.20%p) ▲holding a savings product at maturity termination (0.20%p) are met.

Subscriptions are available at BNK Gyeongnam Bank branches located in Ulsan Metropolitan City.

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