NH NongHyup Bank Launches Principal-Protected Equity-Linked Deposit 25-5

Annual Returns from 1.5% to 5%
"Potential Returns Based on KOSPI 200 Index Fluctuations"

On July 27, NH NongHyup Bank announced the launch of the 'Equity-Linked Deposit (ELD) 25-5', a product that guarantees the principal and a minimum contracted interest rate 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 three types: Type I, Type II, and Type III. Type I offers returns if the index at maturity rises by 0% to 20% compared to the initial index; Type II offers returns if the index at maturity is between -10% and 10% of the initial index; and Type III offers returns if the index at maturity rises by 0% to 25% compared to the initial index. The annual returns are 1.5% to 5% for individuals and 1.5% to 4.6% for corporations.

The subscription period is from July 28 to August 5, and customers can apply at branches nationwide, through internet banking, smart banking, or the All One Bank platform.

A representative from NongHyup Bank stated, "During periods of interest rate cuts, equity-linked deposits can serve as an appropriate alternative product that guarantees principal and offers the potential for additional returns."