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Finance
Shinhan Bank to offer additional SOL Mate time deposit up to 3.5 percent
Shinhan Bank will launch an additional sale of its Shinhan SOL Mate time deposit for customers aged 50 and above, offering an annual interest rate of up to 3.5 percent. The bank decided to conduct a fifth special sale worth 300 billion won after the caps for the first to fourth special sales were fully used. The 12-month product offers a base rate of 3.3 percent, with up to 0.2 percentage points in preferential interest.
Finance
Shinhan Bank to sell additional 500 billion won of senior-focused time deposit
Shinhan Bank will sell an additional 500 billion won of its senior-focused deposit product for customers aged 50 and above, after earlier sales sold out quickly. The bank said it will start a third special sale of the Shinhan SOL Mate time deposit from June 15. The 12-month product offers a base annual rate of 3.0 percent and up to 3.2 percent with a preferential rate.
Finance
Shinhan Bank launches second sale of Shinhan SOLmate time deposit
Shinhan Bank will start a second sale of its Shinhan SOLmate time deposit from Feb. 12 for customers aged 50 and older. The 12-month product allows deposits of 500,000 won to 300 million won per person. The second sale will be limited to 500 billion won, after the first tranche launched on Jan. 26 sold out in 10 days. The product offers up to 3.1 percent interest, including preferential rates.