BNK Busan Bank Launches Renewed Regular Savings and Installment Savings for Lotte Giants

BNK Busan Bank announced on the 21st that it will launch the ‘Lotte Giants Victory Wish Deposit’ and ‘Lotte Giants Victory Wish Installment Savings’ to support the victory of the Busan professional baseball team, the Lotte Giants.

The ‘Lotte Giants Victory Wish Deposit and Installment Savings,’ newly named from the existing ‘BNK Autumn Baseball Regular Deposit and Installment Savings,’ has been sold for 19 years since its launch in 2007. This year, the ‘Victory Plus Preferential Interest Rate’ was introduced to provide benefits to customers when the Lotte Giants win.

The deposit product, sold with a limit of 300 billion KRW, has a subscription period of one year. The subscription amount ranges from 3 million KRW to 100 million KRW. The basic interest rate is 2.5% per annum, and the preferential interest rates include a victory wish preferential rate of 0.1 percentage points, Victory Plus preferential rate up to 0.1 percentage points (0.05 percentage points for 70 or more wins in the regular season, 0.1 percentage points for 80 or more wins), transaction performance preferential rate up to 0.2 percentage points, and new customer preferential rate of 0.1 percentage points, allowing a maximum annual interest rate of up to 3%.

The installment savings is a one-year flexible installment product with a limit of 3,000 accounts. The subscription amount ranges from 10,000 KRW to 1 million KRW. The basic interest rate is 2.5% per annum, and the preferential interest rates include Victory Plus preferential rate up to 0.2 percentage points (0.05 percentage points for every 20 wins in the regular season), Sajik Baseball Stadium visit preferential rate up to 0.1 percentage points, simultaneous subscription to deposit products 0.1 percentage points, transaction performance preferential rate up to 0.3 percentage points, and new customer preferential rate of 0.1 percentage points, providing a maximum annual interest rate of up to 3.3%.

The deposit and installment savings products will be sold until the end of May and may end early if the limit is reached.

This year as well, Busan Bank plans to support youth baseball development in the Busan area by donating 30 million KRW from the proceeds of the deposit sales as sponsorship funds.