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Finance

KB Financial to join lunch meal support program with agriculture ministry, offering up to 40,000 won monthly discount

KB Financial Group is joining a public-private program with the Ministry of Agriculture, Food and Rural Affairs and local governments to ease lunch costs for small and midsize enterprise workers. Eligible employees who already receive lunch allowances from their companies can get a 20 percent discount on payments at restaurants and other food outlets on weekdays between 11 a.m. and 3 p.m. The monthly discount is capped at 40,000 won per person.

Crypto

Standard Chartered sees RWA tokenisation market growing to $4 trillion by 2028

The on-chain tokenised asset market could expand to $4 trillion by the end of 2028, a forecast showed. Standard Chartered expects stablecoins and real-world asset (RWA) tokenisation to split the growth drivers evenly, with each reaching $2 trillion. The bank cited composability in decentralised finance as a key factor and pointed to examples such as a tokenised U.S. Treasury fund. It also highlighted potential inflows from institutional assets moving on-chain.

Finance

Sh Suhyup Bank to launch beauty savings product with Amore Mall, offering up to 4.3 percent interest

Sh Suhyup Bank is teaming up with AmorePacific to launch a lifestyle savings product combining finance and K-beauty. Customers who sign up will receive discounts and coupons usable at AmorePacific’s official online store, Amore Mall, along with an interest rate of up to 4.3 percent a year. The product will be sold from June 1 to Sept. 30, with a limit of 10,000 accounts and early termination if the cap is reached.