Kookmin Bank Launches "KB Star Index-Linked Deposit No. 25-4"

"Principal Guarantee with Additional Returns"

KB Kookmin Bank has launched the "KB Star Index-Linked Deposit No. 25-4," a product that guarantees the principal if held to maturity, while offering the potential for additional returns depending on the performance of the underlying asset.

According to Kookmin Bank on October 30, the "KB Star Index-Linked Deposit No. 25-4" is a one-year maturity product based on the KOSPI 200 Index as its underlying asset. Customers can choose from three different return structures according to their investment preferences: ▲Growth-Oriented Type (Minimum Interest Rate Guarantee Type), ▲Growth Knock-Out Type (High Return Target Type), and ▲Range Return-Oriented Type.

The Growth-Oriented Type (Minimum Interest Rate Guarantee Type) determines the maturity interest rate based on the rate of increase of the underlying asset, offering a minimum annual rate of 2.50% up to a maximum of 2.80%. Even if the index change rate at maturity is 0% or less, a base rate of 2.50% per annum is provided. If the index rises, the interest rate increases proportionally with the rate of increase, up to a maximum of 2.80% per annum.

The Growth Knock-Out Type (High Return Target Type) applies a maturity interest rate ranging from a minimum of 1.70% per annum to a maximum of 7.90% per annum, depending on the rate of increase of the underlying asset. If the underlying asset rises by more than 20% during the contract period, the rate is fixed at 2.00% per annum.

Additionally, the Range Return-Oriented Type applies a maturity interest rate of 3.00% per annum if the underlying asset fluctuates within the range of -10% to 10%. If the asset rises by more than 10% or falls by more than 10%, the maturity interest rate is set at 2.10% per annum.

The subscription period for this product is open until the 10th of next month, and applications can be made via KB Star Banking. The subscription limit is 50 billion KRW for each return structure, totaling 150 billion KRW.

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