Finance
Sh Suhyup Bank launches Sh Golden Day Pension Account
Sh Suhyup Bank said on Jan. 27 it will launch the Sh Golden Day Pension Account for pension recipients in an ageing society. Although it is a demand deposit account, it offers up to 3.2 percent annual interest on daily ending balances up to 2 million won if requirements are met. Preferential-rate conditions include public pension deposits, benefits for fisheries customers and a special bonus rate for new customers. The bank also offers fee waivers, exchange-rate benefits and a cashback event.