NSP NEWS

Bank of Korea(BOK) froze the benchmark interest rate to 1.75%.

Korea's resident's foreign currency deposits as of the end of December 2017 decreased by US$590 million compared with November 2018 due to Japanese yen strength.

The Financial Services Commission will approve up to two Internet-only banks next year.

At the Monetary Policy Board held in Samsung main building, the Bank of Korea(hereafter BOK) decided to freeze the base rate at 1.50% which is the current level and implement monetary policy at the 17th.

WOORI Bank establishes a social contribution department for financial consumer protection and social contribution activities and a global risk support department for the efficient management and support of a global network.

The Bank of Korea foretasted the Korean economy growth rate to be 2.9 percent this year, and up to 2.8 percent in 2019 in the 'Economy outlook for the second half of 2018' announcement.

Dunamu that operates a cryptocurrency, upbeat, announced on November 11 that it successfully prevented investor damage by promptly responding to a voice phishing case caught in its over-the-counter detection system, First, Upbeat banned account withdrawal and sent information text message to the user immediately after detecting voice phishing.

The Korea Housing Finance Corporation (KNHC) will raise interest rates on the "Bogeumjari(Nest) loan, a long-term fixed-rate, part-repayment home mortgage loan, by 0.1 percentage point from June 1.

Hana Financial Group achieved record-high earnings in the first quarter of this year after the acquisition of KEB in 2012.

Woori Bank Labor union announced legitimate participation in management with the shares of employee stock ownership association.