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Finance

KB Kookmin Bank to run first-come-first-served event for monimo KB daily interest account anniversary

KB Kookmin Bank said on Wednesday it will hold a first-come-first-served account-opening event to mark the first anniversary of its \"monimo KB daily interest account\". The promotion runs on the monimo app through June 30 and offers rewards of up to 30,000 won to first-time subscribers. Rewards will be paid in \"monimo money\" on the 15th of the month after sign-up, with amounts varying by sign-up order.

Finance

Korean financial firms target Lunar New Year demand with mobile branches and holiday events

South Korea\'s financial sector is moving to capture Lunar New Year demand, from supporting new banknote exchanges through mobile branches at highway rest stops to running holiday-themed promotions and refunding online merchant fees. Major commercial banks will operate temporary outlets on key expressways, while some will run fraud-prevention campaigns. Fintech platforms are offering rewards, points and quizzes tied to holiday spending, and Toss will fully support certain online merchants\' payment fees for a limited period.