Woori Investment & Securities Raises 1-Year Time Deposit Rate to a Maximum of 3.7%
Woori Investment & Securities has raised the interest rate on its one-year time deposit by 0.4 percentage points, now offering a maximum annual rate of 3.7%.
According to Woori Investment & Securities on June 18, the pre-tax annual interest rate for one-year time deposits for individual customers has been increased by 0.4 percentage points, from 3.2% to 3.6%. Customers who sign up through in-person channels can receive an additional preferential rate, allowing them to benefit from a maximum pre-tax annual interest rate of 3.7%.
This product is a promissory note-type deposit product. In accordance with the Depositor Protection Act, it is protected up to a maximum of 100 million won per individual, including both principal and interest, when combined with other protected products from Woori Investment & Securities.
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A representative from Woori Investment & Securities stated, "As market uncertainty persists, demand for deposit-type products from customers seeking stable returns is also increasing. With this rate hike, we aim to provide asset management solutions that consider both profitability and stability, and actively support our customers in establishing their investment plans."
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