Search results for Youth Leap Account
Finance
Simple payments expand acceptance as night stock trading ramps up
South Korea\'s simple payment companies are expanding where their services can be used by linking existing networks and supplying payment infrastructure to new sectors. Banks and internet-only lenders are also widening mobile lending and alternative credit offerings. Regulators and the government are moving on youth savings, transport fare support and payment security checks. After-hours trading has extended KOSPI and KOSDAQ hours to 8 p.m., while debate continues over digital asset taxation and related infrastructure.
Finance
Youth Future Savings second application opens Oct. 7, rollover from Youth Leap account allowed
Applications for the second intake of Youth Future Savings will begin on Oct. 7, with an added option for existing Youth Leap account holders to switch. The Financial Services Commission and the Korea Inclusive Finance Agency will accept applications from Oct. 7 to 16. Screening runs from Oct. 19 to Nov. 13, and successful applicants can open accounts from Nov. 16 to 27. Eligibility and income criteria remain the same as the first intake.
Finance
KB Kookmin Bank launches group-buying time deposit with rate rising with sales
KB Kookmin Bank has launched a time deposit whose interest rate rises as total sales increase. The 2026 first-round group-buying time deposit has a 6- or 12-month term and accepts 1 million won to 20 million won. The product will be sold until Aug. 7, with a total sales cap of 2 trillion won. The final rate is set after sales end, based on sales and an event rate condition.
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Finance
Youth Future Savings Plan applications top 2 million
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Finance
Banks race to win Youth Future Savings customers with preferential rates, events and affiliate perks
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Games & Commerce
Korea Post launches Youth Future Savings offering up to 8.0 percent interest
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Finance
Youth Future Savings to launch in June, up to 12 percent support for 500,000 won monthly deposits
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Finance
KB Financial says it created 828.6 billion won in social value in Q1 through inclusive finance
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Finance
Retail investor fund backing advanced industries to launch in May, drawing mixed hopes and worries