Home South Korea Grants Kakao, KT-led Groups Online Bank Permits
 

Keywords :   


South Korea Grants Kakao, KT-led Groups Online Bank Permits

2015-11-29 16:31:57| Telecom - Topix.net

South Korea gave preliminary approval for two groups -- one from the new economy and another from the old, and both with Chinese partners -- to set up the nation's first Internet-only banks as the government seeks to reinvigorate a sector suffering from slow growth and slim margins. Kakao Corp., operator of Korea's leading messaging app KakaoTalk, and KT Corp., the former government phone monopoly, were chosen from a field of three applications.

Tags: online south groups bank

Category:Telecommunications

Latest from this category

All news

»
24.11Portrait.Of.Pirates ver2.5
24.11Switch
24.11 / TIN
24.11duranduranALMGHTY 26.5cm
24.11straykids skzoo
24.11 4
24.11 TrioTryiT Figure21
24.11
More »