Woori Bank said on April 15 it launched a “youth MyData” service on its Woori WON Banking app that allows teenagers to directly view and manage financial assets. The service is designed for users aged 14 and older who complete identity verification and select the financial information they want to view and manage. Users can check deposits, card spending history and points from major pay services, with youth-focused interface features.

Woori Bank said it will expand its interest rate cap system to cover new personal credit loans from March 23, limiting rates to within 7 percent. The bank has applied the cap to customers extending or renewing personal credit loans. Eligible customers with at least one year of transactions with Woori Bank may receive the cap for up to one year, once. Woori also plans to launch a WON Dream living-expense loan for low-income vulnerable groups.