BNK Kyongnam Bank Launches ESG Financial Product 'BNK With-Us Free Installment Savings'

Preferential Interest Rates When Joining With Family, Partners, or Friends
Up to 6.75% Annual Rate for 36-Month Subscriptions During the Event

BNK Kyongnam Bank will launch the ‘BNK With-Us Free Installment Savings’ financial product on August 17, aiming to practice ESG management together with its customers.

The BNK With-Us Free Installment Savings account is a financial product designed to promote mutual growth in finance. It offers preferential interest rates when family members, couples, or friends join together, or when customers participate in various ESG activities.

The conditions for preferential interest rates are as follows: ▲New customers (0.50%p), ▲Joint subscription (1.50%p), and ▲ESG activities [such as donations, volunteering, or blood donation] (0.50%p). If all conditions are met, a maximum preferential rate of 2.50% can be obtained.

In particular, during the ‘Let’s Do It Together Customer Event’ running until November 30, the preferential rate for ESG activities [such as donations, volunteering, or blood donation] will be increased from 0.50%p to 1.50%p.

The deposit amount can range from 10,000 KRW to 1,000,000 KRW per month, and the subscription period can be set monthly from 1 to 36 months.

Customers can subscribe through all BNK Kyongnam Bank branches, mobile banking, internet banking, or the customer center.

Along with the launch of the BNK With-Us Free Installment Savings account, BNK Kyongnam Bank will also hold the ‘Let’s Do It Together Customer Event’ until November 30.

If all conditions are met, customers can receive the following maximum annual interest rates by subscription period: 6.00% (less than 6 months), 6.25% (less than 12 months), 6.55% (less than 24 months), 6.65% (less than 36 months), and 6.75% (36 months). (Pre-tax)

If the total number of accumulated accounts sold exceeds 20,000, up to 20 million KRW will be donated to support vulnerable groups in the region.

Additionally, with the increase in the preferential rate for ESG activities [such as donations, volunteering, blood donation, or moving-in], 4,000 customers will be selected by lottery to receive a mobile coffee coupon.

Shin Tae-soo, Deputy President of the Customer Support Division, stated, “The BNK With-Us Free Installment Savings account is a signature savings product that highlights the importance of mutual growth and signifies that customers and BNK Kyongnam Bank are always together. We hope many customers will join with their friends, partners, or families and participate in various ESG activities to enjoy higher interest rates.”

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