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Finance

Shinhan Bank to add Seoul child meal card payments to Ttaenggyeoyo from Nov 16

Children aged 14 and over who use Seoul’s child meal card will be able to order food via Shinhan Bank’s delivery app Ttaenggyeoyo from Nov. 16. Shinhan Bank and the Seoul Metropolitan Government will provide coupons worth a total of 6,000 won each month to reduce delivery-fee burdens. Shinhan signed an agreement with Seoul and child welfare organisation ChildFund Korea. The service will run as a pilot from November to December before expanding next year.

Finance

Shinhan Bank launches same-day ETF trading for retirement pensions

Shinhan Bank has introduced a service that allows retirement pension customers to buy another exchange-traded fund on the same day they sell an ETF. The bank said the service, for defined contribution and individual retirement pension clients, improves convenience by enabling reinvestment without waiting for settlement. It also added a linked trading function and supports switching among deposits, funds, target date funds and ETFs.

Finance

Shinhan Bank to sell retail government bonds via DC and IRP, subscriptions start Sept. 9

Shinhan Bank will begin selling retail government bonds through defined contribution (DC) and individual retirement pension (IRP) accounts. The bank said it will offer 10-year and 20-year bonds to retirement pension customers from Sept. 9. Customers can subscribe using existing retirement pension accounts via Shinhan Super SOL or branches. The first subscription period runs Sept. 9 to 15. The minimum subscription is 100,000 won in 100,000-won increments.