Kakao Bank raises interest rates on term deposits…Up to 3.80% per year

COMPANY / Reporter Kim Jisun / 2023-09-25 03:00:20
 

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Kakao Bank, an Internet bank, said on the 22nd that it will raise interest rates on regular deposit products by up to 0.3 percentage point (p) from the 23rd.

According to Kakao Bank, interest rates of more than 6 months and less than 12 months of regular deposits will rise 0.3%p from 3.30% to 3.60% per year.

It is 3.40% per year for more than 3 months and less than 6 months of maturity, and 3.80% per year for more than 12 months and less than 36 months of maturity, which is 0.2%p higher than the existing interest rate.

The effective date will be the 23rd, and in the case of fixed deposits, the changed interest rates will be applied from new and re-deposited accounts after the date of the rate change.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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