Hana Bank Lowers Savings and Deposit Interest Rates by up to 0.25%P

Hana Bank Lowers Savings and Deposit Interest Rates by up to 0.25%P 원본보기 아이콘

Hana Bank announced on the 20th that it will lower the interest rates on savings and time deposits following the Bank of Korea's base rate cut and the decline in market interest rates.


Starting from today, Hana Bank disclosed that it will reduce the base interest rates of 13 deposit products by 0.05 to 0.25 percentage points (p).


Accordingly, the base interest rate for the 1-year "Geubyeo Hana Monthly Compound Savings" will be lowered from 3.30% to 3.20%, and the base interest rate for the "Hana Time Deposit" of 3 years or more will be reduced from 2.70% to 2.60%, each decreasing by 0.10 percentage points.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.