Shinhan Bank "HeyYoung Customers Get 5.5% Savings Interest"

1st Event Early Limit Exhaustion Leads to Expanded Enrollment Age and Launch of 2nd Event
Annual 5.5% Interest Rate and GS25 Gift Certificate Given in First-Come, First-Served Enrollment Event

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 3rd that it will hold the 'Hey Young Special Interest Rate 2nd Event,' offering a special interest rate of 5.5% per annum on the 'Shinhan My Home Savings' to customers aged 29 or younger who have not subscribed to the Housing Subscription Comprehensive Savings.

The Hey Young Special Interest Rate event applies a maximum special interest rate of 5.5% per annum by adding an event preferential interest rate of 3.3% per annum to the existing maximum of 2.2% per annum when Hey Young customers (born after 1991) who have not subscribed to the Housing Subscription Comprehensive Savings newly subscribe to the Shinhan My Home Savings. The period is until June 30, and it is offered on a first-come, first-served basis with a limit of 40,000 accounts per person.

The Shinhan My Home Savings is a one-year product with a basic interest rate of 1.2% per annum, available only on the day of new subscription to the Housing Subscription Comprehensive Savings, and allows flexible monthly deposits up to 200,000 KRW. If the newly subscribed Housing Subscription Comprehensive Savings is held until the maturity of the Shinhan My Home Savings, an additional preferential interest rate of 1.0% per annum is added, allowing customers to receive up to 2.2% per annum.

Shinhan Bank prepared the second event for customers who regretted the early depletion of the special interest rate event held in December last year within three weeks, and expanded the subscription age so that minors can also participate in this event.

In addition, to commemorate the Hey Young Special Interest Rate Savings 2nd Event, a first-come, first-served subscription event is also being held, providing a 3,000 KRW GS25 coupon to the first 10,000 customers who subscribe to the savings.

A Shinhan Bank official said, "The special interest rate savings with an annual rate of 5.5% sold in December last year received great response, so we planned the second event," and added, "We will continue to offer various events to help the younger generation achieve a successful financial life."