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The Land Bank of Taiwan hereby announces the following adjustments of interest rates on deposits effective June 20, 2022:

The Bank will adjust the deposit rate effective on June 20, 2022 in response to the market interest rate level and the Bank's capital position. The adjustment is shown in the attached table.

  1. The deposit interest rates are adjusted as follows:
  1. The variable and fixed interest rate on regular time deposits for all terms increased by 0.125%.
  2. The interest rate for demand deposits is changed from 0.080% to 0.205%, representing an increase of 0.125%.
  3. The interest rate on saving deposits is changed from 0.180% to 0.325%, representing an increase of 0.145%.
  4. The interest rate on payroll direct deposits is changed from 0.260% to 0.385%, representing an increase of 0.125%.
  5. The interest rate for securities account savings deposits remains unchanged at 0.010%.
  1. The variable and fixed interest rate on “large” time deposits for all terms increased by 0.120%~0.155%
Release date: 2022/06/30 Last updated: 2022/06/30
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