Latest news with #SCBankKorea
Korea Herald
26-05-2025
- Business
- Korea Herald
SC Bank launches Wealth Saver Account to support asset growth
Standard Chartered Bank Korea announced on Monday the launch of the SC Jeil Wealth Saver Account, a new demand deposit product offering an annual interest rate of up to 2.8 percent. Designed to support both asset growth and liquidity, the Wealth Saver Account links interest rates to the customer's overall banking relationship with the bank. Depending on the total balance held across products such as demand deposits, funds and trusts, customers can receive interest rates ranging from 1.0 to 2.8 percent. However, all new account holders receive the 2.8 percent rate during the first month, regardless of balance. The product applies higher interest rates to the portion of a customer's balance that exceeds their baseline funds from three months prior. To qualify for tiered rates beyond the base 0.1 percent, customers must meet minimum thresholds in account balance increases and diversified product holdings. In celebration of the launch, SC Bank Korea is running a promotional event through June 30. Customers who invest at least 20 million won ($14,620) in eligible financial products and maintain an average monthly balance of 50 million won or more in the new account may receive Shinsegae gift certificates worth up to 1 million won. Participation requires registration through the bank's mobile app. 'This account is designed to help customers grow their assets steadily while maintaining liquidity, especially in today's uncertain financial environment,' said a Standard Chartered Bank Korea official.
Korea Herald
12-02-2025
- Business
- Korea Herald
Standard Chartered Bank Korea launches global asset management campaign
Standard Chartered Bank Korea announced Wednesday the launch of a new campaign, 'Now's Your Time for Wealth,' aimed at providing customized investment solutions leveraging the bank's international expertise and global network. The campaign highlights the importance of long-term global investment and offers tailored wealth management services designed to benefit future generations. 'With over 170 years of global asset management experience and a team of international investment professionals across 52 markets, we provide a distinctive approach to global wealth management,' the bank stated. Launched simultaneously in seven major markets -- South Korea, Singapore, Hongkong, China, Taiwan, UAE and India -- the campaign will feature digital advertisements across various platforms until the end of April. The "Now Asset Management Event," which is part of the campaign, will run through March 31. Participants can receive exclusive rewards: Those who register for funds with an investment of 1 million won ($689.39) or more will receive a mobile coupon, while those investing 30 million won or more will be granted an additional coupon. Jang Ho-jun, executive vice president of SC Bank Korea, expressed hope for the promotion, stating, 'We are happy to accompany our customers on a long-lasting investment journey, helping them achieve asset growth and their financial objectives.' He added, 'We hope our customers experience diversified solutions that meet their needs, which are specially tailored to the domestic market.' With this campaign, SC Bank Korea aims to reinforce its position as a leading provider of global wealth management services, empowering customers with long-term investment solutions.
