SEOUL, April 27 (Korea Bizwire) – K-Bank, South Korea’s first Internet-only bank, has achieved more than half of its full-year target of attracting deposits just 24 days after launching operations, the nation’s financial regulator said Thursday. The pace of growth in K-Bank’s deposits is much faster than expected and the Internet-only bank is fueling increased [...]
SEOUL, April. 7 (Korea Bizwire) – K Bank, South Korea’s first internet-only bank that opened Monday after months of anticipation, is already off to a good start, leaving more excitement for the upcoming launch of the second bank of its kind, Kakao Bank. Over 100,000 locals had opened a K Bank account as of Thursday, [...]
SEOUL, April 4 (Korea Bizwire) – South Korea’s first Internet-only bank, K-Bank, has attracted more than 60,000 accounts in just two days since launching operations, the lender said Tuesday. K-Bank, formed by a consortium of KT Corp., Woori Bank and 19 other companies, began its operations at midnight Sunday. The pace of growth in K-Bank’s [...]