According to the Bank of Korea, as of the end of August, over 10 percent of all fixed deposit accounts are termed for a period of six months. This is most it has been since November 2003, when it reached 11 percent.

However, the number of three-year fixed deposits has gradually dropped to just over four percent since June of last year.

Experts say this trend will likely continue as investors observe rapidly fluctuating markets.

Arirang News