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No. of Stock Trading Accounts Nears 30 mln

SEOUL, Jan. 20 (Korea Bizwire) — The number of stock trading accounts in South Korea is expected to surpass 30 million soon on the back of the rising popularity of mobile stock trading and a bull run in overseas markets, data showed Monday. According to the data by the Korea Financial Investment Association (KOFIA), 29.45 [...]

Competition or Desperation? Banks Give Away Cars and Gold Bars as Prizes

SEOUL, Feb.18 (Korea Bizwire) – With the adoption of a new account transfer system and Individual Savings Accounts (ISA), banks are going all out to attract clients with various giveaways. Industry analysts note that Shinhan Bank is currently running a promotion in which customers will have a chance to win a Hyundai Avante. Clients who [...]