Woori Investment Securities has increased interest rates on its issuance-based deposit products, effective , the company announced on .
The rate adjustments apply to key products including regular deposits, revolving (compound interest) regular deposits and CMA Notes, with a statement indicating a 0.3 percentage point increase for deposits held for 180 days or longer. Additional interest rate benefits are also offered based on the deposit term.
For regular deposits and revolving (compound interest) regular deposits, the pre-tax interest rate for individuals has been raised to 3.1% annually for deposits held between 180 and 364 days, up from 2.8%. Deposits held for 365 days now earn 3.2% annually, an increase from the previous 2.9%. Customers who open accounts through non-face-to-face channels are eligible for an additional 0.1 percentage point preferential rate, bringing the maximum annual interest rate to 3.3%.
CMA Notes, which offer check-writing and withdrawal privileges, have also seen rate increases. For individuals, the pre-tax rate for deposits held for 180 to 269 days is now 2.65% (previously 2.35%), while deposits held for 270 to 364 days earn 2.75% (up from 2.45%). A 365-day deposit now yields 2.85%, compared to the prior 2.55%. Non-face-to-face channel enrollment provides an additional 0.1 percentage point benefit, resulting in a maximum rate of 2.95%.
Woori Investment Securities’ issuance-based deposit products are operated based on a securities firm license and are protected by the Deposit Insurance Corporation up to a maximum of 100 million won per person. The company highlighted the flexibility of these products, allowing customers to choose between on-demand access or fixed-term deposits to align with their financial goals.
“We have strengthened our interest rate competitiveness to enable customers to operate funds under more favorable conditions,” a Woori Investment Securities representative stated. “We will continue to expand differentiated financial products and services centered on our customers.”
The rate hike by Woori Investment Securities follows a broader trend of increasing deposit rates in the Korean financial sector. Recent data indicates that major banks have been raising deposit rates by 0.1 to 0.15 percentage points, driven by rising market interest rates. According to a report from October 23, 2025, Woori Bank previously raised the top rate on its ‘WON Plus Deposit’ from 2.55% to 2.60% in two separate instances within a month. This move came amid rising yields on bank bonds and government bonds, as well as a sharp increase in the won-dollar exchange rate.
The broader market context reveals a shift in the interest rate landscape. As reported in November 2025, Woori Bank had already increased its highest fixed-term deposit rate from 2.65% to 2.75%, a 0.1 percentage point increase, as major banks began to surpass savings banks in deposit rates. This suggests a competitive environment where banks are vying for deposits in response to changing market conditions.
The recent adjustments by Woori Investment Securities and other Korean banks reflect a response to external factors and a stabilization of declining market interest rates. Banks are aiming to maintain net interest margins by adjusting deposit rates in line with the broader market trends. The move also comes as savings banks’ deposit rates reached 3% for the first time in six months, indicating a general upward pressure on rates across the financial system.
Woori Investment Securities, a subsidiary of Woori Financial Group, provides a range of financial services including investment banking, sales & trading, and retail investment solutions. The company’s sales & trading division leverages the resources of the broader financial group to deliver value to institutional investors, offering opportunities across the financial industry. The firm also focuses on providing customized solutions to clients, including mergers and acquisitions advisory, capital raising, and risk management.
