Interest Rates on 29 Types of Savings and Deposit Accounts to Increase by up to 0.95% Starting from the 20th

Hana Bank Raises Deposit Interest Rates by up to 0.65%p... Offering Interest Rates in the 4.6% Range View original image

[Asia Economy Reporter Minwoo Lee] Hana Bank will raise the interest rates on fixed deposits by up to 0.65 percentage points starting from the 14th. From the 20th, it plans to increase the interest rates on a total of 29 deposit and savings products by up to 0.95 percentage points.


Hana Bank announced on the same day that it will raise the applied interest rates on its representative fixed deposit product, 'Hana's Fixed Deposit,' by up to 0.65 percentage points. Accordingly, this product will offer interest rates of 3.00% for deposits of 1 month or more, 3.80% for 3 months or more, 4.10% for 6 months or more, and 4.60% for 12 months or more. The minimum deposit amount is 1 million KRW, and there is no maximum limit.


Additionally, starting from the 20th, reflecting the Bank of Korea's base rate hike and the rise in market interest rates, the interest rates on a total of 29 deposit products, including savings and fixed deposits, will be increased by up to 0.95 percentage points.



A Hana Bank official stated, "We will continue to closely monitor market conditions and operate customer-centered interest rate policies."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing