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The Korea Herald
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THE INVESTOR
April 20, 2024

Mobile & Internet

K-Bank’s customers top 200,000

  • PUBLISHED :April 18, 2017 - 11:30
  • UPDATED :April 18, 2017 - 11:30
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[THE INVESTOR] K-Bank, Korea’s first internet-only bank, said on April 18 that it has attracted more than 200,000 customers in two weeks.

K-Bank has also attracted about 230 billion won (US$203 million) worth of deposits and made loans worth some 130 billion won so far, bank officials said.

The pace of growth in K-Bank’s deposits and loans was faster than originally expected.

K-Bank, formed by a consortium of KT, Woori Bank and 19 other companies, set a target of attracting 500 billion won worth of deposits and making loans worth 400 billion won this year.

By Alex Lee and newswires (alexlee@heraldcorp.com)

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