Change Of Time Period Used To Convert Deposit Interest Rate
Based on Circular 14/2017/TT-NHNN coming into effect from Jan 01st 2018, Shinhan Bank would like to announce the application of time period used to convert deposit interest rate per year, a year of 365 days, as below:
|Type||Interest rate calculated on a year of 360 days||Interest rate calculated on a year of 365 days|
|Demand Deposit||Until Dec 31st, 2017||From Jan 1st, 2018|
|Term Deposit / Installment Deposit||Until the end of terms||From the date of rollover/ open new account|
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