NSP NEWS

KB Kookmin Card Co, Ltd., the Korea’s largest credit card company, will start operating an online shopping mall with a theme of Hanryu, or the Korean wave.

Korea Exchange(KRX), directed by Choi Kyungsoo, will open up kerosene trade by listing it on the KRX oil futures market from October 26.

Shinhan Bank, a major South Korean bank, strikes a deal with both LINE Pay, an operator of global messenger LINE and its Tokyo headquarter Line corporation, Ltd, in order to launch a combined service based on the two platforms of each company.

Bank of Korea Gov.

Korea is moving to ease restriction on issuing credit card for foreigners.

Hana card Co., Ltd.

KEBハナ銀行(頭取ハム・ヨンジュ)は今月23日、カンボジアのアクレダ銀行(Acleda Bank)本社で、送金および貿易金融分野の戦略的業務提携を推進する了解覚書(MOU)を締結したと25日明らかにした。

An economics professor voiced out that Korea should minimize the further reduction in interest rate in order to compromise the effect of the current US interest rate hike.

The security system of the Bank of Korea (BOK) has been weakened over past five years, and it marks its lowest level this year.

Citibank Korea (CEO JH Park) is offering a wide array of special benefits for Citicard cardholders in celebration of Chuseok.