Gwangju Bank Ranks First in Retirement Pension IRP Yield Among All Banks

Gwangju Bank announced on the 25th that it has achieved first place in the entire banking sector for five consecutive quarters in the operation yield of non-guaranteed principal and interest products of the retirement pension IRP (Individual Retirement Pension) for the second quarter of 2024 (over the past year).

According to the Financial Supervisory Service's Integrated Pension Portal, Gwangju Bank's IRP non-guaranteed principal and interest product yield (over the past year) for the second quarter of 2024 was 15.8%, the highest among all banks. In particular, it achieved a figure 2.6 percentage points higher than the average yield of 13.2% of the six major commercial banks, once again proving Gwangju Bank's capability in managing retirement pension products.

The result of being "first place in the banking sector for five consecutive quarters" was supported by Gwangju Bank's unique "customized consulting service." Last month, aiming to expand the scope of customer asset management services to retirement preparation and old-age readiness, the bank launched the "The PrimeAge Center" by deploying specialized personnel focused on asset management. In addition, through close collaboration with specialized PB centers such as the Prime PB Center and Bongseon Financial Center (WM Lounge), it provides customized consultation services to customers.

Furthermore, to strengthen retirement pension asset management and yield, the "visiting 1:1 customized consultation and consulting service," implemented by hiring yield management experts, has received great response from customers. Going forward, the bank plans to enhance customer satisfaction by offering various services that can serve as a guide for customers' retirement asset management.