Finance
KB Kookmin Bank raises key deposit and savings rates by up to 0.3 percentage point
KB Kookmin Bank will raise interest rates on major deposit and savings products by up to 0.3 percentage point, reflecting the Bank of Korea’s base rate increase and rising market rates. Fixed deposit rates will rise by 0.2 to 0.3 percentage point from July 22, while fixed savings rates will increase from July 24. The one-year KB Star time deposit rate rises to 3.2 percent, and the general time deposit to 2.5 percent.
