KB Securities announced on April 10th that it will lower the interest rate on credit loans to 4.0% per year until April 30th.
This special offer applies to new customers who are opening an account for the first time, as well as existing customers who have not had any credit loan transactions or outstanding credit loan balances between November 1st, 2024 and January 31st, 2025. To be eligible, customers must have a non-face-to-face or bank-linked personal account. The 4.0% interest rate will be applied for the first 60 days. After this period, the interest rate will return to the standard rate, which is currently between 9.5% and 8.8% per year.
In addition to the low-interest rate offer, KB Securities is also running a promotion where customers who deposit more than 10 million won in domestic and foreign stocks from other companies and maintain a credit loan balance of more than 10 million won during the event period will be entered into a drawing to win up to 3 million won in interest support funds. A total of 560 customers will be selected for this prize.
Kim Dae-don, head of the Digital Sales Tribe at KB Securities, said, "As expectations for interest rate cuts have recently increased, interest in the credit loan market is also growing. We have prepared this event to reduce customers' interest burden and expand investment opportunities."
Customers can apply for this event through KB Securities' representative MTSs, 'KB M-able', 'M-able mini', 'M-able Wide', and the website. This event is limited to one non-face-to-face and bank-linked brokerage account per person.
This event is a great opportunity for investors who are looking to take advantage of low-interest credit loans to invest in the stock market.
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