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Finance

Hana Bank steps up dementia-stage financial support, expands wealth management and education services

Hana Bank said on Monday it will strengthen financial support tailored to different stages of dementia by running a \"Dementia Peace of Mind Academy\" and revamping a will-substitute trust product. The bank will offer the education programme from March at its Hana The Next lounges. It also renewed its \"100-year Trust\" into \"My Way Trust\", designed to help customers plan asset management, withdrawals and transfers in case of declining judgement.

Finance

K Bank sees sixfold rise in ATM usage after expansion

K Bank said on Monday that usage of its cash machines rose sixfold about a year after it expanded the number of ATMs it operates from 5 locations to 45. It said it is the only internet bank in South Korea to run its own ATMs. Customers can make deposits, withdrawals and transfers fee-free up to 30 times a month at any ATM nationwide, and without limits at its branded machines.