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Finance

K Bank to start applications for high oil price relief payments on April 27

K Bank said it will accept first-round applications for the government’s high oil price relief payments in its app starting April 27. The support policy is aimed at easing household burdens stemming from rising international oil prices and higher living costs. Payments will range from 100,000 won to a maximum of 600,000 won per person depending on income level and area of residence. Applications will be expanded to the bottom 70 percent of income earners from May 18.

Finance

Hana Financial launches youth financial talent training project with Financial Supervisory Service

Hana Financial Group said on April 20 it held a launch ceremony and ran final-round competition events for its “Hana Youth Financial Talent Development Project” with the Financial Supervisory Service. The programme is a hands-on training course sponsored by the regulator and companies including Google, Amazon Web Services and Microsoft, covering finance, ESG and AI and data analysis. Finalists will receive about four months of training, mentoring and project work, with prizes totalling 30 million won.