Business · Companies · 2 hrs ago
Gwangju Bank offers anniversary deposits with rates up to 3.85%
Gwangju Bank has launched a special anniversary deposit for its 58th anniversary, which falls on November 20.
The offer runs from November 5 to December 31, or until its 500 billion won limit is reached.
Customers can choose terms of three, six, nine or 12 months, with rates varying by term and whether the customer is an individual or a company.
Individual customers can earn up to 3.85% a year on a nine-month deposit, while companies can earn up to 3.75% on that term.
Customers must deposit at least 10 million won per account, and individuals and companies can deposit up to 2 billion won per customer; some recent deposit withdrawals and certain institutions are excluded.
The offer gives customers a time-limited way to earn a higher rate on a fixed-term deposit, and it may end early if the bank reaches its limit.
Individuals can apply at branches or through the bank’s online and mobile services, while companies can apply at branches or through internet banking.
Gwangju Bank is offering a special deposit to mark its 58th anniversary, with personal customers able to earn up to 3.85% annual interest.
The “58 Years Together” The Dream deposit event runs from November 5 to December 31, 2026, or until its sales limit is reached.
The promotion has a total cap of 500 billion won.
Customers can choose deposit terms of three, six, nine or 12 months, with rates varying by customer type and term.
- Who
- Gwangju Bank is offering the deposit to eligible individual and corporate customers.
- What
- A special anniversary deposit offers annual rates of up to 3.85% for individuals and 3.75% for corporations.
- When
- The event runs from November 5 to December 31, 2026, unless the sales limit is reached earlier.
- Where
- Customers can apply through Gwangju Bank branches and online banking; individuals can also use its app and mobile web banking.
- Why
- The bank said the event marks its 58th anniversary and is intended to thank customers for their support.
This story does not have two clearly opposing sides.
Gwangju Bank announced the special deposit event and began accepting applications.
Gwangju Bank’s 58th anniversary falls on this date.
The event is scheduled to end, unless the sales limit is reached earlier.
- Maximum rate for individuals
- 3.85% annually for a nine-month term
- Maximum rate for corporations
- 3.75% annually for a nine-month term
- Total sales limit
- 500 billion won
- Eligible deposit amount
- At least 10 million won per account, up to 2 billion won per customer
- Available terms
- 3, 6, 9 or 12 months