Driven by the rising base rates, savings deposits in accounts with more than 1 billion won ($700,525) hit a record 787.9 trillion won as of June, up 2.4 percent this year, according to the Bank of Korea, Monday.
An advertising banner at a bank in Seoul promotes a yearly deposit rate of 4.8 percent on Monday. Driven by the rising base rates, savings deposits in accounts with more than 1 billion won ($700,525) hit a record 787.9 trillion won as of June, up 2.4 percent this year, according to the Bank of Korea, Monday. [YONHAP]
![An advertising banner at a bank in Seoul promotes a yearly deposit rate of 4.8 percent on Monday. Driven by the rising base rates, savings deposits in accounts with more than 1 billion won ($700,525) hit a record 787.9 trillion won as of June, up 2.4 percent this year, according to the Bank of Korea, Monday. [YONHAP]](https://img3.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202210/31/koreajoongangdaily/20221031193012488rtbk.jpg)