Gwangju Bank Signs MOU with Jeonnam Province to Launch Namdo Tour Savings Account

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] On the 26th, Gwangju Bank held a business agreement ceremony for the launch of the Namdo Tour Savings at Jeonnam Provincial Office, attended by Kim Young-rok, Governor of Jeollanam-do, and Song Jong-wook, President of Gwangju Bank.

As Jeollanam-do declared 2022-2023 as the "Year of Visiting Jeonnam" and continues efforts to elevate the tourism industry as a key industry through the strategy of achieving 100 million tourists to Jeonnam, Gwangju Bank and Jeollanam-do promised to cooperate in promoting representative local tourist destinations and revitalizing the tourism industry through this agreement.

Accordingly, Gwangju Bank plans to launch the "Travel Sketch Namdo Tour Savings," a domestic travel-themed product, to actively promote the "2022-2023 Year of Visiting Jeollanam-do" to bank customers and cooperate in developing new travel-themed products for Jeonnam.

The "Travel Sketch Namdo Tour Savings" offers preferential interest rates to customers who visit 45 selected tourist sites in Jeonnam chosen by Gwangju Bank, and a special passbook featuring photos of the tourist sites on the cover and inner pages is produced to promote the destinations.

Customers can subscribe with monthly deposits ranging from 50,000 KRW to a maximum of 1,000,000 KRW, with terms of 12 or 18 months. The basic interest rate is 2.5% per annum (based on the 18-month term, 2.3% for flexible deposits), plus preferential interest rates of up to 1.5%p per annum for verifying visits to tourist sites via smart banking from the subscription date until maturity, 0.3%p per annum for using Gwangju Bank credit (or check) cards over 3 million KRW, and 0.1%p per annum for consenting to all items and notification methods regarding the collection, use, and provision of personal (credit) information (such as product and service guidance). Adding these preferential rates up to 1.9%p per annum, customers can receive a maximum interest rate of 4.4% per annum.