kbank

K-Bank lures more than 200,000 customers in just two weeks

Number of Korea's no.1 internet-only bank, K-bank customers exceeded 200,000 in just two weeks time since it opened for service in April 3. Total deposit and loan volume accounted for 230 billion won and 130 billion each. However vast majority of the bank's customers…
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News stories on internet-only bank

News articles on Korea's first internet-only banks are on newspapers past few days. Here are the links of the stories for those who might be interested. *Bloomberg: http://me2.do/5uXU4iLs *Reuters: http://me2.do/50H9K20S *Joongang Daily: http://me2.do/FPMk78w3 *Korea…
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Internet-only banks by Kakao and KT to open for service soon

Hi folks, this is Frank. On Sunday, the FSC held its meeting and decided to give preliminary approval to two consortiums led by Kakao and KT to establish internet-only banks for the first time in Korea's banking history. There are lots of works left to be…