Gwangju Bank Expands Benefits of Local Sports-Linked Financial Products

KIA Tigers Victory Savings: Base Rate Raised and Sales Period Extended

Tenten Archery Savings: Sales Cap Increased to 200 Billion Won

On July 28, Gwangju Bank announced that it is increasing the base interest rate and extending the sales period for its sports-linked financial product, "KIA Tigers Victory Savings," to support local sports and expand customer benefits. Additionally, the bank is raising the sales cap for the "Tenten Archery Savings."

The "KIA Tigers Victory Savings," a season-specialized product launched to support the KIA Tigers, will have its base interest rate raised from the previous annual rate of 2.40% to 3.05% in response to strong customer support. As a result, the maximum interest rate also increases by 0.65 percentage points, from the previous annual rate of 3.65% to 4.30%. Moreover, the sales period, originally set to end on July 31, is now extended until August 20 to allow more customers to benefit.

Gwangju Bank is raising the base interest rate of the sports-linked financial product 'KIA Tigers Victory Savings' and extending the sales period to support local sports and expand customer benefits. Additionally, it is increasing the sales limit of the 'Tentenyang Archery Deposit.' Provided by Gwangju Bank

This product offers preferential rates based on several criteria: up to an additional annual 0.25 percentage points depending on the final ranking in professional baseball, up to 0.20 percentage points based on team wins, up to 0.30 percentage points for the longest winning streak, an additional 0.10 percentage points per visit (up to 0.20 percentage points) for certifying visits to Gwangju-Kia Champions Field, and 0.30 percentage points for holders of the Jeonnam Gwangju Special City Love Account.

Specifically, as the KIA Tigers have already achieved an eight-game winning streak, an additional 0.20 percentage points interest rate based on the longest winning streak has already been secured. Further preferential rate benefits are expected, depending on the team’s future total wins and whether they advance to the postseason.

At the same time, “Tenten Archery Savings” will see its sales cap increased from 100 billion won to 200 billion won, reflecting sustained high customer interest and strong sales since launch.

The base interest rates for this product are 3.30% per annum for a 12-month contract and 3.40% per annum for a 13-month contract. In addition, depending on the performance of Oh Yejin, a member of the Gwangju Bank Tenten Archery Team who is scheduled to compete in the recurve event at the 20th Aichi-Nagoya Asian Games in September 2026, an event-based preferential rate of up to 0.31 percentage points per annum will be offered. Accordingly, the maximum annual rate for the 13-month contract can reach 3.71%.

Oh Yejin was selected as a member of the Korean national women’s recurve archery team after passing this year’s final national selection, securing a spot in the 20th Aichi-Nagoya Asian Games. She also won a gold medal in the team event at the fourth stage of the 2026 Hyundai Archery World Cup in Madrid, Spain, highlighting her as a rising star in Korean archery.

Gwangju Bank continues to introduce a variety of financial products in support of local sports teams and athletes, sharing the excitement of sports with its customers. The bank plans to continue launching sports-linked financial products and events that stimulate the local sports scene and expand customer benefits.

Park Dae-ha, Vice President of Gwangju Bank, said, "We hope that more customers enjoy both supporting local sports and receiving financial benefits through the raised interest rates and extended sales period of the KIA Tigers Victory Savings, as well as the increased sales cap of the Tenten Archery Savings. We will continue to expand a variety of financial products and services that foster mutual growth with local sports."

For more details about these products, visit your nearest Gwangju Bank branch, the Gwangju Bank website, or contact the customer center.

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