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K Bank K Bank is the first licensed, digital-only bank in South Korea, a joint venture between KT Corporation, a telecommunications company, and other financial and IT companies. Receiving its banking license in November 2015, it had over 250,000 customers by April 2017. It also has deposits insured by the PDIC.
SWT International Sdn Bhd, an investment network, and China Wuyi, a construction and engineering firm, jointly rolled out the government-supported effort. Keng Kai said in the FX Empire interview, “Technological innovations will be focused on the improvement of the fundamental infrastructure and integrated with the city statistics.
Retail Banking provides loans to individuals and small businesses, along with liability products, card services, internet and mobilebanking, ATM services, and NRI services, primarily through its branch network. The Corporate and Wholesale Banking segment manages corporate relationships outside of retail banking. . #5
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