Daol Savings Bank Raises Deposit Interest Rates by 0.2~0.4%P... Revolving Fixed Deposit Annual Rate at 3.30%

[Asia Economy Reporter Song Seung-seop] Daol Savings Bank raised its fixed deposit interest rates by 0.2 to 0.4 percentage points on the 23rd.

The affected products are four deposit products. The Free Withdrawal Fixed Deposit increased from 1.4% to 1.8% for the 36-month term, marking the highest increase of 0.4 percentage points. The The Dream Corporate Free Deposit rose from 1.40% to 1.70% for deposits of six months or longer, and the Revolving Fixed Deposit (36 months) increased from 2.99% to 3.30% for non-face-to-face subscriptions. The fixed deposit interest rate for 12 to 24 months rose from 2.75% to 3.05%.

A Daol Savings Bank official stated, “We will grow into a sound savings bank through asset growth, risk management, and the advancement of digital banking.”