KB Kookmin Bank has launched a time deposit whose interest rate rises as total sales increase. The 2026 first-round group-buying time deposit has a 6- or 12-month term and accepts 1 million won to 20 million won. The product will be sold until Aug. 7, with a total sales cap of 2 trillion won. The final rate is set after sales end, based on sales and an event rate condition.

Applications for South Korea\'s Youth Future Savings Plan have topped 2 million, with demand expected to continue as the deadline nears. The Financial Services Commission and the Korea Inclusive Finance Agency said cumulative applications stood at 2.012 million as of 1 p.m. on July 2. Applications are open until 6:30 p.m. on July 3. Eligibility screening will run from July 6 to July 24, with results notified individually.