30/12/2017
ANNOUNCEMENT
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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