KB Securities Implements Extended Hours for Stock-Backed Loan Usage
[Asia Economy Reporter Oh Ju-yeon] KB Securities announced that from the 25th, the available time for securities-backed loans and repayments will be extended from 16:30 to 23:00.
KB Securities extended the loan and repayment hours for securities-backed loans to enhance convenience and make them more useful in daily life, in response to the increasing needs of customers, including those investing in overseas stocks.
With this extension of loan hours, KB Securities customers can respond quickly to the increasingly volatile global market and proactively manage urgent funds that may arise outside the securities market. Previously, if the loan repayment was not made within business hours, interest for the next day was also charged. However, by extending the repayment hours, customers can freely repay after business hours according to their financial situation, reducing the burden of interest.
Lee Hong-gu, Head of WM Division, said, "KB Securities believes that loans and repayments should be possible according to the customer's fund management situation and preferred time," adding, "We will continue to improve loan-related services to better suit customer convenience."
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Any KB Securities customer can apply for collateral loans, repayments, and maturity extensions through the Home Trading Service (HTS) ‘H-able’ and Mobile Trading Service (MTS) ‘M-able’. For detailed information about the service, customers can contact any KB Securities branch nationwide or the customer center, or check the notices on HTS ‘H-able’ and MTS ‘M-able’.
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