JB Financial Group’s Jeonbuk Bank is launching a special fixed-term deposit offering an annual interest rate of up to 4.05% and holding a customer appreciation event to mark its 57th anniversary. The bank said it would begin offering the “57th Anniversary Special-Offer Deposit” on November 6. Customers can choose a term of six or nine months. With all preferential rates applied, the annual interest rates are up to 3.90% and 4.05%, respectively, before tax.

Image for Jeonbuk Bank's special-offer deposit launch event.

Image for Jeonbuk Bank's special-offer deposit launch event.

View original image

The base annual interest rates are 3.55% for a six-month term and 3.70% for a nine-month term. Deposits of KRW 50 million or more qualify for an additional 0.05 percentage points per year. Customers can also receive an additional 0.10 percentage points per year for each qualifying category, based on salary or pension receipts or merchant transaction performance, automatic utility bill payments, and use of JB credit or debit cards. The preferential rate can add up to 0.35 percentage points per year.


Individuals, sole proprietors, and general corporations are eligible to open an account. Institutional customers, including financial institutions and public institutions, are excluded. The minimum deposit is KRW 1 million per account, and each customer may deposit up to KRW 5 billion. The total sales limit is KRW 200 billion, and the offering may end early if the limit is reached.


To mark the launch of the special-offer deposit, Jeonbuk Bank is also holding a prize event through November 30. Among individual customers who sign up for the product during the event period, 57 winners will be selected by lottery to receive a KRW 10,000 Shinsegae E-Mart mobile coupon.



A Jeonbuk Bank representative said, “To mark our 57th anniversary, we prepared this special-offer deposit and event to express our gratitude to the customers who have been with us for so long. We will continue to introduce financial products and services that deliver tangible benefits to our customers.”


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

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing