Hey big saver

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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.