Finance

K Bank runs summer events offering up to 130,000 won

K Bank is running a summer promotion that lets customers take part daily in a “make mango bingsu” event to receive cash and prizes, and a separate discount event for new customers. The bank said the mango bingsu event runs through Aug. 31, paying 1 to 5 won each time and offering raffles for up to 130,000 won. New sign-ups can also receive random discount coupons through Aug. 9.

Finance

Hana Bank launches preferential account for farm and fishery owners employing foreign workers

Hana Bank has launched a demand deposit account for farm and fishery operators and sole proprietors who employ foreign workers. The account offers a base annual interest rate of 0.1 percent and a preferential rate of 1.9 percentage points when customers transfer monthly wages of at least 500,000 won per transaction to a foreign worker’s Hana Bank account. If conditions are met, up to 2.0 percent applies to balances up to 2,000,000 won, with fee waivers.