Written by 10:54 AM Economics

Woori Bank Launches Special Savings Account with Up to 8.15% Annual Interest to Commemorate 80th Liberation Anniversary

A monthly deposit of up to 300,000 KRW, 12-month free savings
When a customer signs up for the savings account, Woori Bank donates

Woori Bank announced on the 8th that it has launched a special financial product ‘Woori Liberation 80th Anniversary Savings’ in collaboration with the Woori Financial Group and the Ministry of Patriots and Veterans Affairs, to commemorate the 80th anniversary of Liberation Day on August 15th.

The ‘Woori Liberation 80th Anniversary Savings’ is a 12-month free deposit product that allows one person to open one account, with a maximum monthly deposit of 300,000 KRW. The basic interest rate is 2.0% per year, and an additional preferential rate of 4.15 percentage points is provided to national and independence merit recipients and their descendants, and 2.0 percentage points for customers who have not held Woori Bank deposit products in the past six months, offering a maximum interest rate of 8.15% per year.

In particular, this product operates as a social contribution financial product, where Woori Bank donates 815 KRW to the Ministry’s online national donation platform ‘Everyone’s Bohoon Dream’ for each subscription. It is designed to naturally allow customers to participate in the protection campaign in everyday financial activities, completed through public participation.

Customers can sign up by visiting any Woori Bank branch nationwide with an ID. It is sold on a first-come, first-served basis, with a total limit of 100,000 accounts.

A Woori Bank official said, “We prepared this product to reflect on the historical significance of the 80th Liberation Anniversary and to honor the devotion to the nation together with the customers,” adding, “We hope many customers will participate and that the Bohoon culture will widely spread.”

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