Daol Savings Bank is expanding its deposit and lending product lineup to target demand across customer segments ranging from new workers to high-net-worth individuals, retirees and mid-to-low credit borrowers. It is offering parking accounts, a hybrid time deposit and lifecycle savings products. For lending, it introduced a mid-rate stability loan for lower-scoring customers, with rates of 5.9 to 15.27 percent and up to 10 million won in support.

Mutual finance groups in South Korea are facing tighter rules on real estate project financing and broader asset-soundness requirements, forcing them to curb property-related lending and bolster capital. The financial authorities want the sector to strengthen its role in local and low-income finance, but the industry says stable earnings are needed to sustain such lending. It is calling for adjustments to household-loan regulations, particularly outside the capital region, to reflect differing regional conditions.