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Games & Commerce

Musinsa signs strategic partnership with Samsung Card to launch co-branded card late this month

Musinsa said on Wednesday it has formed a strategic partnership with Samsung Card and will launch a co-branded card late this month. The two companies signed an agreement on April 15 at Musinsa Seongsu N1 in Seoul to release a Musinsa-only credit card and jointly operate marketing. Musinsa said it designed shopping benefits for members to strengthen loyalty, while Samsung Card plans to expand contact with younger customers and pursue data-driven marketing cooperation.

Finance

Shinhan Bank expands support to prevent lease fraud, subsidises guarantee fees for youth and vulnerable groups

Shinhan Bank said on Wednesday it will run a financial-cost support programme to help prevent jeonse lease fraud and strengthen housing stability for tenants. The programme subsidises fees for deposit-return guarantee products, including HF Jikim Guarantee and HUG Return Guarantee, for eligible customers. It targets youth born from 1991 to 2006, multicultural families and households including a person with a disability. The programme runs through Nov. 30, with support capped at 300,000 won per person.

Finance

KB Kookmin Bank sets up on-site support team to step up productive finance support

KB Kookmin Bank said on Wednesday it will run a dedicated organisation and expand deployment of on-site marketing specialists to strengthen productive finance focused on sales sites. The bank has set up and is operating an SME On-site Support Team from this month to provide financial consulting with branch corporate finance staff. It will also expand corporate and trade marketing specialists, add hiring, and prioritise provincial placements.