KB Kookmin Bank said on March 19 it has expanded preferential interest rates for its KB Soldiers\' Tomorrow Savings Plan and strengthened rate benefits. Under the revamp, the product offers annual interest rates from 5.0 percent to 10.5 percent for contract terms of 15 to 24 months, before tax. The preferential-rate items and the preferential-rate cap were raised, and an event rate is offered to eligible customers.

Major financial holding companies are accelerating governance changes ahead of March annual shareholder meetings after regulators urged reforms such as special resolutions for chair reappointments, stronger outside director independence and expertise, and a single three-year term. A key proposal would shift CEO appointments to shareholder votes and tighten requirements for third terms. Internal control issues at brokerages also re-emerged amid allegations of capital markets law violations and stock manipulation. Fintech platforms are expanding automated loan-rate cut request services.