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Finance

KB Kookmin Bank launches golden box prize draw event for four public pensions

KB Kookmin Bank is holding a promotional event for customers who receive one of four public pensions into a KB Kookmin Bank deposit and withdrawal account. Eligible pensions are the National Pension, Government Employees Pension, Private School Teachers Pension and Military Pension. Customers are automatically entered upon first receipt during the event period, and receive additional draw entries for each consecutive month. Prizes include a 11.25-gram gold bar and various gift vouchers.

Finance

Hana Bank launches pension living expense loan for public pension recipients

Hana Bank said on Thursday it has launched a small credit loan product, the Pension Living Expense Loan, for customers receiving public pensions. The bank said the product targets recipients of the National Pension, Government Employees Pension, Private School Teachers Pension and Military Pension. It offers a single limit of 500,000 won with a fixed annual interest rate of 1.0 percent and a three-year term, and operates as an overdraft-style account for unexpected expenses.