Finance
Sh Suhyup Bank launches Sh local subsidy dedicated account
Sh Suhyup Bank said on Jan. 26 it will launch the Sh Local Subsidy Dedicated Account. The product was designed to align with revised local subsidy management standards that require subsidies to be issued, processed and settled transparently through the local subsidy management system, Botam-e, from January 2026. The bank completed its Botam-e linkage system in December 2025. The account is offered for local governments and subsidy recipients, with controlled withdrawals and settlement features.