Compare Bank Deposit Rates in South KoreaThe South Korean economy with a population of 48.8 Million (Est 2010) ranks 12th in the world with a GDP PPP of 1.36 trillion and GDP PPP per capita of 27,938 vs 45,934 (United States) according to the IMF in 2009. Its currency is the South Korean won (₩)(KRW). Bank deposits held for a fixed term in South Korea are called time deposits. According to CIA.gov its inflation was 4.7% in 2008 and 2.8% in 2009.
Top Deposit Accounts in South Korea
|Deposit Account Type||Term||APY||Account Details|
|Kyongnam Bank 1 Year Time Deposit||1 year||2.45%||Rate is applicable for a 1 year term. - KRW - Jul, 2014||More Info|
|HSBC Korea 1 Year Time Deposit||1 year||2.00%||Interest rate is for a 1 year / 12 month deposit for the 'Certificate of Deposit / Term Deposit F - KRW - Jul, 2014||More Info|