Citibank Korea Launches “Step-Up Time Deposit – Compounded” which is an upgraded version of “Citi Step-Up” with Interest Rate Rising Every Three Months
Interest rate on Step-Up TD - Compounded is determined by breaking the following 12 months into four 3-month periods. Interest rate of each period, thus, sharply soars from 2.6% to 3.0% to 3.9% to 6.5% per annum (pre-tax, as of August 16), and the interest payment will be added to the principal at the end of each period.
Step-Up TD - Compounded, coined from its feature of earning interest from its interest and rising interest rate in steps, is an excellent choice for customers who are not putting money into deposit accounts in anticipation for rate hike or for those who don’t want to lock in their money in preparation for future needs.
Step-Up TD - Compounded is a rewarding product for customers as average interest per annum (approx 4.00%, pre-tax) is 0.10% higher than that of existing Step-Up Deposit if retained until the maturity date. The product provides convenience to customers since they receive interest corresponding to time deposit interest levels, even if terminated after 3 months, 6 months or 9 months (2.60%, 3.00%, 3.90%, respectively).
Minimum subscription amount is 1 million Won, and the account can be opened at Citibank Korea Inc. Branches.
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 220 branches (as of end of June. 2010) 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.
한국씨티은행 개요
씨티은행은 1967년 최초로 한국에 진출한 이래 45년 동안 선진 금융 서비스를 국내 고객에게 제공해 왔으며, 2008년 글로벌 금융위기 때 8억불을 증자해 국내 외환시장 안정에 기여했고, 1970년대 석유 파동시 2억불 차관 제공으로 한국의 무역수지 개선에 기여한 공로로 수교훈장 ‘숭례장’을, 1997년 외환위기 당시 240억불 대외 부채 상환 연장에 기여한 공로로 수교훈장 ‘흥인장’을 받는 등 한국 경제가 어려움에 처할 때에 곁에서 힘이 돼 준 친구 같은 은행이다.
웹사이트: http://www.citibank.co.kr
연락처
Huh, Kap-Seung
Communication Dept. Citibank Korea Inc.
82-2-3455-2340
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2025년 11월 14일 17:58
