Gwangju Bank Launches "Jeonnam Gwangju Integrated Special City Love Deposit" to Celebrate Inauguration

13-Month Subscription Period
Maximum Annual Interest Rate of 3.5%

Gwangju Bank announced on July 1 that it has launched the "Jeonnam Gwangju Integrated Special City Love Deposit" to commemorate the inauguration of Jeonnam Gwangju Integrated Special City and celebrate the beginning of a new era with local residents.

Gwangju Bank launched the "Jeonnam Gwangju Integrated Special City Love Savings" on the 1st to commemorate the inauguration of Jeonnam Gwangju Integrated Special City and celebrate the beginning of a new era together with local residents. Provided by Gwangju Bank

The "Jeonnam Gwangju Integrated Special City Love Deposit" is a product introduced by Gwangju Bank on the first day of the new special city's establishment to mark the historic moment when Jeonnam and Gwangju are unified into a single special city. More than just a financial product, it has been designed as a symbolic offering to celebrate the new start of the integrated special city with local residents and support regional development.

The product is available to individuals and sole proprietors, with a subscription period of 13 months. The deposit amount ranges from a minimum of 1 million won to a maximum of 500 million won. Customers can subscribe at Gwangju Bank branches, through GwangjuWaBank, or via mobile web banking.

The preferential interest rates include: ▲ a 0.20 percentage point (p.p.) annual rate to celebrate the inauguration of the Jeonnam Gwangju Integrated Special City, and ▲ an additional 0.10 p.p. annual rate for customers who hold the Jeonnam Gwangju Special City Love Account (a demand deposit product). By adding these preferential rates to the base interest rate, customers can earn up to an annual rate of 3.50% (base rate 3.20%). The conditions for the preferential rates are simple, making it easier for customers to receive these benefits.

To commemorate the product launch, Gwangju Bank visited customers who have supported the local business community near its branches, sharing the joy of the Jeonnam Gwangju Integrated Special City inauguration with local residents. The bank celebrated the launch of the "Jeonnam Gwangju Integrated Special City Love Deposit" with the owner of a fruit store near Suncheon Station, a self-employed restaurant owner in Hadang, Mokpo, and the owner of a tailor shop in Chungjang-ro, Gwangju. Together, they expressed support for the new beginning of Jeonnam Gwangju Integrated Special City and reaffirmed Gwangju Bank's role as a leading local bank growing alongside the community.

For more information about the product, customers can visit the nearest branch, check the Gwangju Bank website, or contact the customer center.

Park Daeha, Vice President of Gwangju Bank, stated, "The Jeonnam Gwangju Integrated Special City Love Deposit is a product designed to commemorate the new beginning of Jeonnam and Gwangju and to create a hopeful future together with local residents," adding, "We will continue to introduce various financial services that contribute to the growth of the local community."

This content was produced with the assistance of AI translation services.