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Search results for Aug. 31

Finance

KB Kookmin Bank offers integrated search for dormant deposits, insurance payouts at 100 financial institutions

KB Kookmin Bank is running a campaign that allows customers to search at once for dormant deposits and insurance payouts held at about 100 domestic financial institutions and apply for refunds. The bank said the campaign will run through Aug. 31 to help consumers recover unclaimed financial assets. Refunds are paid into the customer’s KB Kookmin Bank account, and dormant deposits of 300,000 won or less are refunded automatically.

AI & Enterprise

Mobile base station setup procedures simplified; completion inspections may be skipped

South Korea\'s Ministry of Science and ICT said it will simplify procedures for establishing mobile communications base stations from Oct. 22, allowing operators to skip separate completion inspections. Under a self-conformity confirmation system, operators will verify requirements themselves and submit a certificate for ministry review and issuance of approval. The ministry will conduct spot inspections afterward and set standards for administrative penalties. It will also refine procedures for training, exports and usage history management of radio jamming devices.