Finance
Daol Savings Bank overhauls deposit and loan lineup to broaden customer base
Daol Savings Bank is expanding its deposit and lending product lineup to target demand across customer segments ranging from new workers to high-net-worth individuals, retirees and mid-to-low credit borrowers. It is offering parking accounts, a hybrid time deposit and lifecycle savings products. For lending, it introduced a mid-rate stability loan for lower-scoring customers, with rates of 5.9 to 15.27 percent and up to 10 million won in support.