Woori Investment Securities Raises Deposit Rates Up to 3.90% Following Base Rate Hike

On July 29, Woori Investment Securities raised deposit rates for individual customers by 0.05 to 0.30 percentage points in response to the base rate increase. The firm's commercial paper-based fixed deposits maturing in 1 year or 270–364 days now offer 3.80% annually on a pre-tax basis for individuals; with non-face-to-face channel bonuses, rates reach up to 3.90%.

The 90–179 day maturity tier saw the largest increase of 0.30 percentage points, now offering up to 3.30% with incentives. Woori also raised rates on CMA Note and WON CMA Note products by 0.10 percentage points, providing pre-tax rates of 2.80–3.70% and 2.70–2.90% respectively. All products are backed by South Korea's deposit protection scheme, covering up to 100 million won per account.