Search results for Inclusive finance
Finance
Woori Bank reorganises to strengthen data-driven sales and internal controls
Woori Bank said on Thursday it carried out a headquarters reorganisation focused on expanding retail sales synergies, strengthening internal control responsiveness and improving operational efficiency. The bank created a Retail Sales General Department by integrating four units, and said it will use customer data analysis to set and drive retail strategies. It also reorganised internal controls by unifying inspection functions and adding a management audit team.
Finance
KB Kookmin Bank runs cooperative open store in Jeonju
KB Kookmin Bank will run a cooperative \"open store\" in Jeonju to help expand sales channels for local small merchants and boost the regional economy. The bank will operate the event with Hyundai Department Store and the National Pension Service from July 6 to 9 at the NPS Happiness Pension Hall in Jeonju, North Jeolla Province. The bank will cover operating costs, while partners provide brands, space and promotion. Consulting booths and seminars are also scheduled.
Finance
Youth Future Savings Plan applications top 2 million
Applications for South Korea\'s Youth Future Savings Plan have topped 2 million, with demand expected to continue as the deadline nears. The Financial Services Commission and the Korea Inclusive Finance Agency said cumulative applications stood at 2.012 million as of 1 p.m. on July 2. Applications are open until 6:30 p.m. on July 3. Eligibility screening will run from July 6 to July 24, with results notified individually.
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Finance
Internet-only banks to expand in-person services, allowing debt restructuring and corporate loan screening
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Finance
Woori Financial relocates microfinance hub to Changsin-dong to boost support for alleyway retail districts
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Finance
Shinhan Bank launches refinancing loan for savings bank credit loans
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Finance
Toss launches customised government support search service with Korea Inclusive Finance Agency
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Fintech
KB Financial to expand tailored financial support for gig workers
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People & Appointments
Hana Financial Group holds volunteer mural work with artists with developmental disabilities in Incheon
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Finance
Jeju Bank files patent for AI-based cash flow forecasting model
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Finance
Big tech financial platforms tighten internal controls; banks compete for young customers
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Finance
Mid-rate livelihood stability loan launched for mid-to-low credit borrowers, up to 10 million won
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Fintech
Youth Future Savings open to applications regardless of birth year from June 29
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Finance
Bank new loan interest burden to ease from July
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Finance
KB Financial to provide 6.9 trillion won in financial support for vulnerable groups and small merchants
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Finance
KakaoBank extends mortgage early repayment fee waiver by six months
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Finance
Hana Bank to provide 1.3 trillion won support for small merchants and faithful borrowers
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Finance
KB Kookmin Bank to cut interest burden for Saehuimang Holssi borrowers