KB National Bank launches "Long-term Officer Jump Savings" product for military officers... expanding cooperation with the Department of Defense

KB National Bank and the Ministry of National Defense collaborate to launch a specialized savings product aimed at helping military officers accumulate long-term assets. Named “KB Long-term Officer Advancement Savings,” this product is designed for officers with long-term service, allowing a maximum monthly deposit of 300,000 KRW.

This savings product permits users to open an account with a financial institution during their service period. The Ministry of National Defense will provide an additional financial subsidy equal to 100% of the customer’s deposit amount. Thanks to the subsidy, the maximum annual interest rate for this savings product can reach 6.0%, making it an ideal choice for military officers seeking stable financial options.

The business cooperation agreement was officially announced on February 24, 2026, during an event at the Ministry of National Defense building in Yongsan, Seoul. Defense Minister Ahn Gyu-bok and KB National Bank President Lee Hwan-joo attended the signing ceremony. Through this partnership, the Ministry of National Defense and KB National Bank aim to promote economic stability among military officers, encourage long-term service, and contribute to improving military welfare.

The establishment of this financial product is intended to help military officers strengthen their financial foundation, allowing them to focus more on their military careers. Market and financial experts believe that such initiatives can break through the limitations of current military welfare programs and will play a significant role in improving the overall financial environment of the armed forces in the long run.