BNK Gyeongnam Bank Increases Special Interest Rates for 'Thank You Customers Time Deposit'
Up to 4.0% Annual Interest Rate for 6-Month Enrollment via Branch
Up to 4.1% Annual Interest Rate for 12-Month Enrollment Available
BNK Gyeongnam Bank announced on the 17th that it has raised the interest rates for the special sale of the ‘Thank You, Customer Time Deposit’.
Customers who open a Thank You, Customer Time Deposit for 6 months or longer at a branch counter will receive an increased preferential interest rate of 0.85%.
Accordingly, when both the base interest rate and preferential interest rate conditions are met, customers can receive up to 4.00% annual interest for 6 months and 4.10% annual interest for 12 months, respectively.
The Thank You, Customer Time Deposit offers preferential interest rates depending on the subscription channel and subscription period, and part of the earnings is used to support vulnerable groups in the local community.
Shin Tae-su, Vice President of the Customer Support Headquarters, stated, “We have been working on increasing the interest rates of the Thank You, Customer Time Deposit, raising limits, and extending the sales period to provide more benefits to customers transacting with BNK Gyeongnam Bank. Going forward, BNK Gyeongnam Bank plans to continuously launch products like the Thank You, Customer Time Deposit to express our gratitude and will strive further to practice win-win finance.”
Meanwhile, BNK Gyeongnam Bank is selling financial products to support asset formation for low-income youth in the region through various agreements with local governments, separate from the Thank You, Customer Time Deposit.
Currently available products include Gyeongnam Sangsaeng Mutual Savings, Changwon Youth Tomorrow Account, Ulsan Agreement Savings, and Geochang Agreement Savings, and in late October, the Moda Dream Youth Account will be introduced through an agreement with Gyeongsangnam-do.
These financial products target youth selected through recruitment announcements by local governments and are characterized by support funds from local governments and high interest rates provided by the bank.
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Additionally, BNK Gyeongnam Bank is also selling the ‘BNK With Us Free Savings Account,’ which offers preferential interest rates for ESG activities such as donations, blood donations, and volunteering, to practice ESG together with customers.
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