BNK Kyongnam Bank Launches "Kyongnam Bank Again ON Time Deposit"
Celebrating the 56th Anniversary
A Special "Thank You for Returning Transaction" Rate of 0.9% Offered to Both New and Existing Customers
BNK Kyongnam Bank announced on the 19th that it has launched the "Kyongnam Bank Again ON Time Deposit" with a limit of 500 billion won to mark its 56th anniversary.
The Kyongnam Bank Again ON Time Deposit is a product designed to share the joy of the bank's 56th anniversary with both new and existing customers. A special "Thank You for Returning Transaction" preferential interest rate (0.9%) is offered as a base rate, with additional preferential rates given when certain conditions are met.
The conditions for receiving preferential rates include: △ the "Thank You for Returning Transaction" special rate (0.9%), △ holding a BNK Kyongnam Bank time installment savings account before subscription (0.2%), △ holding a BNK Kyongnam Bank credit card before subscription [excluding dormant cards] (0.1%), and △ preferential rate for new funds (0.1%). If all conditions are met, customers can receive a maximum preferential rate of 1.3%.
Accordingly, by adding the base rate of 2.0% and the maximum preferential rate of 1.3%, customers can receive up to an annual interest rate of 3.3% (before tax).
The subscription amount ranges from a minimum of 1 million won to a maximum of 5 billion won, with a subscription period of 12 months.
There are no restrictions on the number of subscriptions, and customers can subscribe through all BNK Kyongnam Bank branches, the mobile banking app (App), or internet banking.
Choi Myunghee, Executive Director of the Personal Customer Group, stated, "BNK Kyongnam Bank will celebrate its 56th anniversary on May 22. We launched the 'Kyongnam Bank Again ON Time Deposit' to share the joy of our 56th anniversary with our customers. BNK Kyongnam Bank will continue to work hard to repay the love and support of our customers."
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BNK Financial Group also launched the "Index-Linked Time Deposit" at BNK Busan Bank along with the "Kyongnam Bank Again ON Time Deposit" at BNK Kyongnam Bank.
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