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Finance

Hana Bank retirement pension assets top 52 trillion won, largest rise among banks this year

Hana Bank\'s retirement pension assets exceeded 52 trillion won as of the end of the third quarter, rising 3.77 trillion won from the end of last year, the largest increase among banks. Growth in individual retirement pension (IRP) and defined contribution (DC) plan balances led the overall increase. Hana Bank said assets totalled 52.16 trillion won at end-September. It is also expanding related services and products and running an event for new IRP customers through Nov. 30.

Finance

Korea\'s Postal Service launches post office fund use promotion event

South Korea\'s Postal Service under the Ministry of Science and ICT will run a promotional event to encourage use of the Post Office Fund. The event runs from Oct. 1 to Nov. 4 and is open to individual customers who buy at least 100,000 won of funds or sign up for new monthly automatic transfers of at least 100,000 won for 12 months or more. Prize winners will be announced on Dec. 3.

Finance

Korea Post runs prize event for post office insurance premium auto-debit

Korea Post’s Postal Service is running a prize event for customers who pay post office insurance premiums via automatic transfers from post office accounts. Eligible customers are those who newly register a post office account for premium auto-debit or switch to that method during the event period and make at least one payment. Winners will be announced on Dec. 11 on the post office savings website and the Itda Banking app.