Rush & Cash Archives | Be Korea-savvy

Financial Services Commission to Consider Banning all Loan Commercials From TV

SEOUL, Aug. 25 (Korea Bizwire) — TV commercials from local loan companies have been a source of consternation for at least a decade in South Korea. In 2007, due to increased voices calling for regulation, the government banned loan commercials from all broadcast TV channels. Improving technology such as cable and satellite TV soon allowed [...]

APRO and J Trust Competing over Aju Capital Acquisition

SEOUL, Sept. 2 (Korea Bizwire) – APRO Service Group, better known as its service brand “Rush & Cash,” and Japan’s J Trust will compete over Aju Capital. According to financial investment sources on August 29, the two bidders have participated in acquiring the finance company. Aju Corporation, the largest shareholder of Aju Capital, has put a 74.16-percent [...]