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Finance

Banks

Tue, January 21, 2020 | 08:19

Boosting morale

Boosting morale

NongHyup Bank CEO Lee Dae-hoon, seventh from left, poses with officials from the bank and the military at the 1st Infantry Division in Paju, Gyeonggi Province, Dec. 24. Lee visited them to boost morale. Courtesy of NongHyup Bank

Lee Kyung-min | 2019-12-25 16:51

Banks bolster benefits for single workers

Banks bolster benefits for single workers

Banks are introducing various employment benefits for single workers, a growing number of whom are demanding equal treatment as their married peers, industry sources said Wednesday.

Lee Kyung-min | 2019-12-25 16:49

Banks compete for overseas remittance biz

Banks compete for overseas remittance biz

Banks are leading an intensive marketing campaign to take the upper hand in the overseas remittance business, the market share of which is increasingly encroached upon by new competitors such as card and insurance firms, industry officials said Wednesday.

Lee Kyung-min | 2019-12-25 16:48

Supporting bilingual students

Supporting bilingual students

Hana Nanum Foundation Chairman Ham Young-joo, front row fourth from right, and Korean Institute for Healthy Family CEO Kim Hye-yeong, front row fifth from right, pose with bilingual children of multiracial families at the Seoul Regional Public Procurement Service building, Tuesday. The foundation donated 50 million won ($43,000) to the institute to grant scholarships to 30 ta...

Park Jae-hyuk | 2019-12-24 16:31

Open banking reveals poor security of fintech firms

Open banking reveals poor security of fintech firms

The official launch of the open banking service this month has revealed security risks prevail in the nation's fintech industry, as most startups have failed to win approval to operate the service due to their inability to protect users from data theft.

Park Jae-hyuk | 2019-12-24 15:40

Pledge to protect consumers

Pledge to protect consumers

Korea Federation of Banks (KFB) Chairman Kim Tae-young, front row center, and executives of 18 banks display a resolution on restoring consumer trust at KFB headquarters in Seoul, Monday. Their pledge was made as banks have come under criticism for the mis-selling of financial products that caused major losses to investors. / Courtesy of KFB

Park Jae-hyuk | 2019-12-23 18:28

For warmer winter

For warmer winter

A Jeonbuk Bank clerk gives thermal innerwear to a foreign worker at JB Suwon Foreigner Financial Center in Gyeonggi Province, Saturday. JB Financial Group said it donated thermal innerwear to 300 foreign workers. / Courtesy of JB Financial Group

Park Jae-hyuk | 2019-12-23 14:00

Shinhan to invest W2.1 tril. in startups by 2023

Shinhan to invest W2.1 tril. in startups by 2023

Shinhan Financial Group Chairman Cho Yong-byoung has pledged to pour in 2.1 trillion won into strengthening assistance for startups, after he succeeded in securing another term on Dec. 13.

Kim Bo-eun | 2019-12-22 16:57

Kakao Bank, K bank to be available for expats

Kakao Bank, K bank to be available for expats

Foreign residents here will be able to use the internet-only Kakao Bank and K bank starting next year, as the nation's financial authorities will allow customers to use their alien registration cards when opening accounts online.

Park Jae-hyuk | 2019-12-22 16:19

Saving Cambodian children

Saving Cambodian children

KB Kookmin Bank CEO Hur Yin, second row fifth from right, poses with Cambodian children and their families at Phnom Penh Hotel, Wednesday (local time). The children received free heart surgery at KB Kookmin Bank's Hebron Heart Surgery Center in the Southeast Asian country. The bank invited them to a banquet at the hotel and gave them gifts. / Courtesy of KB Kookmin Bank

Park Jae-hyuk | 2019-12-21 13:12

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