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economyDevelopingUpdated 23 h ago · since 18 Sept 2026

Major commercial banks in South Korea raise time deposit rates while internet and savings banks hold rates

KB Kookmin Bank raised its KB Star Time Deposit rate from 3.2% to 3.4%. Shinhan Bank raised its Solpyeonhan Time Deposit rate from 3.2% to 3.4% on September 9.

1 source1 country1 article1 independent outletsSource strength 22/100 ⓘKB Kookmin BankShinhan Bank
Major commercial banks in South Korea raise time deposit rates while internet and savings banks hold rates
Photo: stux / Pixabay

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South Korea