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Finance
KB Kookmin Bank holds prize event to mark launch of KB Youth Future Savings
KB Kookmin Bank is holding a prize event worth a total of 140 million won to mark the launch of its KB Youth Future Savings product. The bank said it will launch the policy finance savings product on June 22 for young people aged 19 to 34 who meet income requirements. The three-year, flexible-installment account allows monthly deposits of up to 500,000 won and offers government contributions and tax exemptions on interest income.
Finance
Shinhan Bank launches two point-earning cards with Shinhan Card
Shinhan Bank has launched two point-earning cards with Shinhan Card that link card-use benefits with bank account benefits. Customers can deposit points earned from spending into Shinhan Bank’s dedicated SOL Plan Point Box to receive extra point accrual and interest-rate benefits. The cards provide up to 75,000 SOL Plan points each month depending on spending and payment-account balance conditions, and add 10 percent more points when deposited into the point box.
Finance
South Korea stocks swing wildly as network separation rules ease
South Korean stocks remain highly volatile, with circuit breakers and sidecars triggered in turns as the won slides and authorities issue verbal warnings on speculative trading. Investors are watching the U.S. Federal Open Market Committee for signals on the rate path and currency moves. Interest in SpaceX’s listing is strong, though some Korean firms received no allocation. Household loans are rising again, prompting tighter controls, while AI adoption spreads across finance alongside growing security concerns.
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Finance
Shinhan Bank to sell additional 500 billion won of senior-focused time deposit
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Finance
K Bank offers 0.3 percentage point preferential rate on Plus Box
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Finance
Hana Bank launches savings product offering up to 11 percent based on national team results
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Finance
Youth Future Savings bonus rates disclosed, banks offer up to 8 percent
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Finance
Hana Bank to launch 60,000-account limited \'Korea Hurrah Savings\' product
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Finance
K Bank launches \'My Kids\' account and savings offering up to 8.5 percent annual rate
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Finance
KB Kookmin Bank to run first-come-first-served event for monimo KB daily interest account anniversary
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Finance
Woori Bank launches Samsung Card Woori savings linked to card spending
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Finance
Hana Bank launches Run Hana savings, with interest rate rising as customers run
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Finance
Toss Bank launches 10 percent savings product for new customers
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Finance
NH NongHyup Bank launches local settlement finance package, bolsters support outside capital
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Finance
Toss Bank offers 2 percent account interest promotion for new customers
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Finance
Hana Bank launches Hana gathering account, runs event
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Finance
Post office expands preferential rate for soldiers\' savings to up to 11 percent
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Finance
Woori Bank launches three financial products for T1 fans