Search results for SOL Global Loan
Finance
Korean banks step up push for foreign customers with dedicated products and specialised networks
South Korean banks are intensifying competition to attract foreign customers as the number of foreigners staying in the country rises. Banks are expanding services beyond currency exchange and overseas remittances to payroll transfers, savings products, credit loans and wealth management. Major banks have strengthened dedicated products and specialised service networks. The combined number of foreign customers at key banks is estimated at about 7.9 million, with foreign deposit balances topping 27 trillion won.
Finance
Shinhan Bank expands Sunday branches in Daegu and Busan to boost foreigners\' access to finance
Shinhan Bank said on Sunday it will offer Sunday banking tailored to foreign customers at its Busan Financial Center branch in Jung-gu, Busan, and at its Seongseo branch in Dalseo-gu, Daegu. With the expansion, the bank will have four Sunday branches for foreign customers, adding to its Dongdaemun and Suwon Station branches. Services include overseas remittances, account openings and internet banking. The bank also raised the credit limit on its SOL Global Loan for foreign workers.
Finance
Korean banks step up drive to attract foreign customers
South Korean banks are intensifying efforts to attract foreign customers as the number of international students, workers and long-term residents rises. Lenders are launching dedicated apps and services that combine banking with daily living support, including loans, payments, reservations and administrative assistance. The strategy aims to boost access, convenience and customer loyalty through digital platforms and multilingual support.