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Land Bank of Taiwan will adjust the deposit rate effective on March 21, 2022.

The Bank will adjust deposit rate effective on March 21, 2022 in response to the market interest rate level and the Bank's capital position. The adjustment is shown in the attached table.
The interest rates are adjusted as follows:
(1) The variable interest rate on regular time deposits for all terms increased by 0.245% to 0.255%.
(2) The regular time deposit fixed interest rate for all terms increased by 0.250% to 0.300%.
(3) The interest rate on demand deposits is changed from 0.050% to 0.080%, representing an increase of 0.030%.
(4) The interest rate on saving deposits is changed from 0.150% to 0.180%, representing an increase of 0.030%.
(5) The interest rate on payroll direct deposits is changed from 0.180% to 0.260%, representing an increase of 0.080%.
(6) The interest rate on investment saving deposits is changed from 0.005% to 0.010%, representing an increase of 0.005%.

Release date: 2022/03/30 Last updated: 2022/03/30
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