NH NongHyup Bank Launches Principal-Protected Index-Linked Deposit (ELD) 25-2

"High Returns Expected Based on KOSPI 200 Index Fluctuations"

NH NongHyup Bank announced on April 20 that it will launch the "Index-Linked Deposit 25-2," a product that guarantees both principal and minimum contracted interest upon maturity, while also offering the potential for higher additional returns.

This product is a one-year maturity deposit whose returns are determined by fluctuations in the KOSPI 200 Index, which serves as the underlying asset. It is available in two types: "Return I" and "Return II."

The "Return I" type offers returns if the index at maturity rises by 0% to 20% compared to the initial index, while the "Return II" type provides returns if the index at maturity fluctuates between -10% and 10% compared to the initial index. Individuals (corporations) can earn annual returns of 2.0% to 5.0% (1.9% to 4.8%).

The subscription period runs from April 21 to April 29, and customers can sign up at branches nationwide, via internet banking, smart banking, or through the All One Bank app.

An official from NongHyup Bank stated, "In a period of declining interest rates, index-linked deposits can be a suitable alternative product that offers both principal protection and the potential for additional returns."