If you don’t like ‘Roller KOSPI’, should interest rates rise so you just keep depositing money? ··· Up to 3% per annum for bank lines, spread in the 4% per annum range for savings banks

Commercial bank ATMs are gathered on Gyeongridan-gil, Itaewon-dong, Yongsan-gu, Seoul. Reporter Seong Dong-hoon Recently, as the ‘roller KOSPI’ pattern has become more severe, with the stock market repeatedly experiencing rapid ups and downs, interest in time deposits, a safe asset, is rising again. With the Bank of Korea expected to raise its base interest rate, it is not difficult to find products with rates in the upper 3% range per annum in the banking sector. In the case of savings bank term deposit products, the annual interest rate is over 4%...