Online Banks Innovate with Unique Savings Accounts While Balancing Profits and Purpose
SEOUL, Oct. 16 (Korea Bizwire) – Recently, online banks have been striving to attract more depositors by offering unique savings accounts. These accounts include options like “idol support passbooks” and “group savings accounts for managing contributions.” Low-cost deposits typically refer to accounts like money market deposit accounts (MMDAs), often known as “free deposit and withdrawal” accounts, which [...]
