Citibank Korea Equity Linked Deposit

뉴스 제공

2009-05-20 10:31

Seoul--(뉴스와이어)--Citibank Korea (CEO, Ha Yung Ku, www.citibank.co.kr) has launched ‘Kospi 200 ELD No.3’ and ‘China ELD No. 2’ and for temporary sales until June 2nd.

‘Kospi 200 ELD No.3’ offers maximum interest returns of 20.98% (before tax) per annum on tenor of 1 year and six months linked to KOSPI 200 Index.

‘China ELD No.2’ offers maximum interest returns of 14.99 % (before tax) per annum on tenor of 1 year and six months linked to Hangseng China Enterprise Index.

In addition, customers subscribing to ELD products will get special rates on CD(4.8%, before tax) and time deposit (4.6% before tax) , up to ELD subscription amount, which will be an excellent opportunity for customers to enjoy rates higher than BM rate or exception rates normally offered for deposit products.

As financial markets experience sharp fluctuations and investment products make negative returns, this product is getting keen attention among customers who want ELD with 100% principal protection and high returns. ELD gives 100% of principal back to subscribers at maturity and offers opportunity invest in diverse underlying assets without risk of principal loss as long as it is not terminated early.

About Citibank Korea Inc.

Citibank had opened its first branch in Korea in 1967, and was born newly as Citibank Korea Inc. (CKI) through integration with KorAm Bank in 2004. CKI serves customers at 231 branches (as of end of 2008) in Korea by providing the first class financial products and services based on the various products and know-how of Citi with global network including more than 100 years of history and 200 million customers in more than 100 countries. CKI delivers new financial world to the customers through development of innovative financial products and services, encompassing from corporate and investment banking to consumer banking, private banking, and wealth management. Furthermore, Citibank Korea Inc., as a responsible corporate citizen, conducts diverse community activities in the areas of financial education, next generation education, woman, diversity, community, and environment consistently in corporation with sound non-profit organizations.

웹사이트: http://www.citibank.co.kr