Sh Suhyup Bank Raises Deposit and Savings Interest Rates by up to 1.15%P... Savings Products with Up to 5% Interest Rates

[Asia Economy Reporter Bu Aeri] Sh Suhyup Bank announced on the 5th that it has raised the base interest rates of major deposit products by up to 1.15 percentage points.

With this rate hike, the 'Sh Plus Alpha Deposit,' a special product for individual customers, offers an interest rate benefit of up to 4.35% for a 1-year maturity.

The non-face-to-face exclusive product, 'Hey Jeonggi Deposit,' provides a 4.3% interest rate unconditionally.

Additionally, the installment savings product 'Yeohaeng Jeokgeum' offers up to 5% interest for a 6-month maturity.

For individual customers, installment deposits such as 'Saranghae Jeonggi Deposit,' 'Eochon Bokji Deposit,' 'Dokdo Sarang Deposit,' 'Sh Marine Plastic Zero! Deposit,' and 'Hey Jeonggi Deposit' have had their base interest rates increased by 0.5 to 1 percentage point depending on the subscription period.

Installment savings products like 'Sinjayubu Geum' and 'Yeohaeng Jeokgeum' also saw base interest rates raised by 0.3 to 1.15 percentage points depending on the subscription period.

Deposit products for corporate customers were also adjusted with increases of 0.3 to 1 percentage point depending on the period.