Sangsangin Savings Bank Launches Special Deposit with Annual Interest Rate in the 3% Range

[Asia Economy Reporter Song Seung-seop] SangSangIn Savings Bank launched a special deposit promotion with an annual interest rate in the 3% range on the 24th.

The total limit is 200 billion KRW, and it will be sold on a first-come, first-served basis from today until the limit is exhausted. The products eligible are revolving time deposits and fixed time deposits.

The revolving time deposit offers an annual interest rate of 3.2% based on a 12-month term. The interest rate for in-person products increased by 0.44 percentage points. The minimum subscription amount is 100,000 KRW. A notable feature is that the increased interest rate during the subscription period is also applied upward.

The fixed time deposit interest rate is 3.0% for terms of 12 months or longer. Individuals can subscribe starting from 100,000 KRW.