Korea Federation of Savings Banks, Open Banking Campaign... "Donate When You Receive App or Savings Deposits"

[Asia Economy Reporter Song Seung-seop] The Korea Federation of Savings Banks is conducting the ‘SB Nanum Toktok Plus Campaign’ to commemorate the launch of its open banking service.

According to the Federation on the 6th, if customers download the Federation’s own application (app) SB Toktok Plus or open a new savings or installment savings account, a sponsorship fund of 500 won per case will be accumulated.

The sponsorship funds are separately accumulated by the Federation without deducting from customer interest. The accumulated amount will be used from the second half of the year to support disinfection and quarantine of self-employed business sites, provide groceries to food-insecure families, and support online education for low-income youth (tablet PCs), among other purposes.

Park Jae-sik, Chairman of the Korea Federation of Savings Banks, emphasized, “SB Nanum Toktok Plus is a social contribution campaign to help neighbors in need in celebration of the launch of the open banking service,” adding, “Just by opening savings or installment savings accounts, there is an opportunity to contribute.”

This content was produced with the assistance of AI translation services.