Finance
Shinhan Bank launches savings product with Hyundai Motor offering up to 8.8 percent
Shinhan Bank said on Thursday it launched a partnered savings product with Hyundai Motor that offers interest benefits of up to 8.8 percent a year, limited to 10,000 accounts. The three-month product allows weekly deposits of up to 100,000 won. It applies a base annual rate of 1.8 percent plus preferential rates of up to 7.0 percent, including incentives linked to a Hyundai vehicle contract and payment conditions. Customers also receive a 100,000 won contract-deposit discount coupon.