KB Kookmin Bank Launches "KB Star Index-Linked Deposit No. 26-3"

Up to 13.80% Annual Rate Possible with "Growth Knock-Out Type (High Yield Seeking)"

Interest Rate Varies from 2.00% to 13.80% Depending on Index Fluctuation

Available for Subscription via KB Star Banking or Branches Until April 22

KB Kookmin Bank announced on April 14 that it has launched the "KB Star Index-Linked Deposit No. 26-3," which guarantees principal protection at maturity while allowing customers to expect additional returns depending on the performance of the underlying asset.

The newly launched "KB Star Index-Linked Deposit No. 26-3" is a one-year maturity product linked to the KOSPI 200 index as its underlying asset. It consists of three types: ▲ Growth-Seeking Type (Minimum Interest Rate Guaranteed), ▲ Growth Knock-Out Type (Minimum Interest Rate Guaranteed), and ▲ Growth Knock-Out Type (High Yield Seeking).

First, the "Growth-Seeking Type (Minimum Interest Rate Guaranteed)" offers a maturity interest rate determined by the growth rate of the underlying asset. The maturity interest rate ranges from a minimum annual rate of 2.95% to a maximum annual rate of 3.05% (before tax deduction).

The "Growth Knock-Out Type (Minimum Interest Rate Guaranteed)" provides a maturity interest rate ranging from a minimum annual rate of 2.95% to a maximum annual rate of 3.50% (before tax deduction), depending on the growth rate of the underlying asset. The "Growth Knock-Out Type (High Yield Seeking)" offers a maturity interest rate ranging from a minimum annual rate of 2.00% to a maximum annual rate of 13.80% (before tax deduction). All rates are as of the 13th.

However, for the "Growth Knock-Out Type (Minimum Interest Rate Guaranteed)," if the underlying asset rises by more than 25% during the observation period, the maturity interest rate is set at the minimum rate. For the "Growth Knock-Out Type (High Yield Seeking)," if the underlying asset rises by more than 20% during the observation period, the maturity interest rate is set at the minimum rate.

The subscription period for this product is open until April 22, and customers can apply via KB Star Banking or at branches. The subscription limit is KRW 100 billion each for the Growth-Seeking Type (Minimum Interest Rate Guaranteed) and Growth Knock-Out Type (Minimum Interest Rate Guaranteed), and KRW 50 billion for the Growth Knock-Out Type (High Yield Seeking).

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