JT Savings Bank Raises Fixed Deposit Interest Rates by up to 1.75 Percentage Points
Maximum Annual Interest Rate of 4.3% for 6-Month Non-Face-to-Face Term
JT Savings Bank announced on the 1st that it will raise the interest rates on 6-month fixed deposits by up to 1.75 percentage points.
The face-to-face fixed deposit interest rate for a 6-month term has increased by 1.70 percentage points to an annual rate of 4.2%, while the non-face-to-face rate has been raised by up to 1.75 percentage points to an annual rate of 4.3%.
Customers can subscribe to the product by visiting a branch or through the savings bank's mobile application ‘SB Toktok Plus’, JT Savings Bank mobile banking, and internet banking.
Hot Picks Today
"Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- After Topping 8,000 Instead of Hitting 10,000... KOSPI Plunges—When Will It Rebound?
- "They Said It's Impossible to Get—Already Selling for Triple the Price: Crowds Worldwide Line Up for $600 Luxury Watch"
- "Children Should Be Cared for at Home by Their Mother"...Opinion Reversed for the First Time in 18 Years
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Park Jung-yong, CEO of JT Savings Bank, said, “We decided to raise the interest rates considering the recent increase in customers wanting short-term deposits.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.