Finance
KB Kookmin Bank launches \'KB Global Star\' savings account for foreigners, offers up to 5.5 percent
KB Kookmin Bank has launched a savings product for foreign customers living in South Korea to support their financial lives and asset building. The \'KB Global Star Savings\' account is a 12-month, free-deposit plan allowing monthly payments from 1,000 won to 500,000 won. The base annual rate is 2.0 percent, with up to 3.5 percentage points in preferential rates for meeting transaction conditions, bringing the maximum to 5.5 percent. The bank is also running a promotion through end-September.