Search results for Interest rate
Finance
Woori Bank launches loan for exporters, raises facility funding limit up to 15 percent
Woori Bank launched a loan product for exporters to ease funding burdens by providing up to a 15 percent additional facility-loan limit and preferential interest rates and foreign-exchange fees. The bank said the product targets companies with a certain credit rating and export performance within the past year. It said firms using Korea Trade Insurance Corp export credit guarantees can receive additional rate benefits at branches.
Finance
Woori Bank makes first local corporate derivatives trade in London worth 70 million pounds
Woori Bank’s London trading centre has concluded its first derivatives transaction with a local company, it said on Monday. The centre provided a 70 million-pound loan and simultaneously executed an interest rate swap of the same size in cooperation with the bank’s London branch. Woori Bank said it directly hedged the resulting risk in London financial markets using its own trading book.
Finance
Woori Bank launches savings product offering up to 9 percent interest
Woori Bank has launched the Woori Financial Together Savings 2 product linked to Woori Financial Group\'s 2026 Woori Financial Together Festa. The savings account offers a maximum annual interest rate of 9 percent, combining a base rate of 3.5 percent with up to 5.5 percentage points in preferential rates. The 12-month, non-face-to-face product is available via WooriWON Banking, with monthly deposits capped at 300,000 won.
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Crypto
Bitcoin, ether shake off first-half slump; what conditions for a fourth-quarter rally?
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Finance
KakaoBank sole proprietor loans top 4 trillion won; refinancing product to launch in November
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Crypto
European exchange 21bitcoin starts paying interest on idle euro balances, paid in bitcoin
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Crypto
Bitcoin holds up in September; will it rise further in October as \'Up-tober\' hopes grow?
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Finance
Global financial firms step up push into South Korea, targeting retail ETFs and institutional alternatives
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Games & Commerce
Korea Post to cut delivery costs for small merchants on direct-to-consumer sites with Cafe24 deal
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Finance
Woori Financial to hold Dahamhkke Festa event
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Finance
Warning that rampant spread of financial AI agents could trigger bank run
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Finance
K Bank launches time-choice term deposit paying up to 3.71 percent
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AI & Enterprise
High interest rates hit AI infrastructure investment, leveraged companies wobble first
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Crypto
Coinbase CEO says bitcoin could reach $400,000 by 2030
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Finance
Korea stock outlook: KOSPI eyes U.S. inflation, Micron earnings after holiday
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Finance
Korean stocks enter Chuseok holiday with eyes on U.S.-China summit outcome
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Crypto
Wintermute says bitcoin quickly absorbs rate hike and Clarity bill setback, rebound firm
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Finance
Online investment-linked finance gains momentum for mid-rate loans, expands base to sole proprietors