[Korea sinyuncheol financial newspaper reporter] that our bank (Bank yigwanggu) composite deposit limit sell 'our combined deposits Champ '17 -1 Arc sold 30 billion won by the end of this month from 28 days announced March 20 27.
It consists of a 'composite us Champ '17 -1 call deposits' are deposits that are ascending into a composite interest rate is determined by the fluctuations of the KOSPI 200 Index, verifiable, range-type, interactive type of four types.
'Ascending' is If you have never risen beyond the (reference index decision-maturity indices decision) based on index contrast index is 15% of the subscription period will pay a rate of interest in terms of 52% of the index rate a year (the highest annual 8.3% ) or have risen by more than 15 per cent of the maturity period, when compared to the reference index will be paid index fell to a return of 0.5% a year.
'Stable' due shall be paid when the reference index when the index rises more than 1% compared to only a 3% annual rate of return, more than 0% increases less than 1% in terms of annual growth rate of 300% of the index. If the index is due to decline compared to the reference index is only guaranteed principal.
"Range Type" is only the principal is guaranteed at maturity if the index closing KOSPI200 is in the range from -10% to + 10% compared to the first base price and will pay annual interest of 2.4% otherwise.
"Two-way type 'is divided into two interest rate is determined when the case dropped and the index at maturity have been higher than the baseline. If the closing price of the subscription period has never risen beyond 15% rise If you have paid the highest annual price rise 5.48% and exceeded 15% depending on the index rate shall be paid to confirm a 1% annual interest rate. Conversely, if the stock price index at maturity equal to or decline than the reference time to pay the highest annual 5.48% depending on the index decline If you have not dropped to the closing price of the period exceeds 15% and confirmed the annual interest rates of 1% if you've dropped more than 15% give.
Can join only 'our combined deposits Champ '17 -1 Arc gyejwadang more than 1 million won and the subscription period is 1 year and 18 months. At maturity at the time of termination, the termination of guaranteed principal product or moderate may occur due to the loss of some of the principal prepayment fee.
Woori Bank official said, "can expect the low interest rates in the period while being the principal guarantee stable and excess returns as a commodity that can expect high returns compared to fixed deposits in accordance with the general fluctuations in the stock market."
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