Gwangju Bank Launches 'KIA Tigers Victory Celebration Savings and Deposits'
Gwangju Bank announced on the 22nd that it has launched the ‘KIA Tigers Victory Celebration Savings and Deposit’ in support of the KIA Tigers’ V12 championship, coinciding with the opening of the 2024 professional baseball season.
The ‘KIA Tigers Victory Celebration Savings and Deposit,’ available for purchase until July 31, is Gwangju Bank’s representative steady-seller seasonal product sold annually at the start of the professional baseball season, offering preferential interest rates based on the KIA Tigers’ season performance.
Especially this year, with former player and current manager Lee Beom-ho, who has been with the KIA Tigers for 14 years, officially taking the helm, fans’ expectations for achieving the V12 championship have grown, showing promising signs for the popularity of the ‘KIA Tigers Victory Celebration Savings and Deposit.’
The ‘KIA Tigers Victory Celebration Deposit’ allows one account per person with a subscription amount ranging from 5 million KRW to a maximum of 100 million KRW. Depending on the KIA Tigers’ season performance, it offers a preferential interest rate of up to 0.25%p annually, providing a maximum interest rate benefit of 3.85% per year (base rate 3.60%). The preferential interest rate conditions are ▲0.05%p annually for postseason qualification ▲0.10%p annually for regular season championship ▲0.10%p annually for Korean Series championship.
The ‘KIA Tigers Victory Celebration Savings’ is a fixed installment savings product with monthly deposits ranging from 100,000 KRW to a maximum of 1 million KRW, offering the same preferential interest rate conditions as the deposit (up to 0.25%p annually). Additionally, an event preferential interest rate of up to 0.60%p annually is provided to add excitement to the cheering, allowing for a maximum interest rate of 4.45% per year (base rate 3.60%).
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The event conditions are applied based on the KIA Tigers’ 2024 regular season records, with additional preferential interest rates of ▲0.10%p annually for producing pitchers with 20 or more wins ▲0.10%p annually for 100 or more team home runs ▲0.20%p annually for producing players with 200 hits ▲and up to 0.20%p annually based on the longest winning streak record.
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