Search results for WON Dream
Finance
Mitos puts financial security to the test as network separation easing begins
Single-stock leveraged ETFs and ETNs tied to Samsung Electronics and SK Hynix sharpened semiconductor concentration in South Korea\'s stock market, with first-day turnover topping 10 trillion won. Regulators warned investors about amplified losses. Financial firms also stepped up responses to AI-driven cyber threats as the emergence of high-performance AI \"Mitos\" raised concerns about more sophisticated hacking, prompting authorities to review easing and possible full removal of network separation rules.
Finance
Woori Bank launches \'WON Dream Loan Refinancing\' for high-interest borrowers
Woori Bank said on Tuesday it launched the \'Woori WON Dream Loan Refinancing\' to reduce financial costs for customers using high-interest unsecured loans at Woori Financial Group affiliates. Eligible borrowers include workers earning 35 million won or less a year, freelancers, homemakers and other non-wage earners. The loan limit is up to 20 million won, with rates starting in the mid-4 percent range and capped at under 7 percent.
Finance
Woori Bank to apply 7 percent interest rate cap to new personal credit loans
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.