KT Participation Account
Our deposit business is coined by the idea of profit-sharing.
Our KT ParticipationAccount with fixed terms provides a solid foundation of wealth creation. Terms can range between 3 and 36 months. Due to the Islam-compliance, specified returns for the deposits cannot be confirmed.
With your deposit, you participate in the success of the underlying credit portfolio. At contract inception, an allocation formula (e. g. with a participation rate of 85 %) is agreed. The profit then achieved is shared between you and us in accordance with this allocation formula after deduction of the fixed product-related costs. In the mentioned concrete example, you gain 85 % and the KT Bank gains 15 % of the achieved profit. We strive for returns that are aligned with the market.