Seven Eleven and DGB Daegu Bank Sign Business Agreement... "Innovating Financial Channels and Promoting New Retail Businesses"

On the 8th, Son Seung-hyun, Head of Financial Services Division at Seven Eleven (fourth from the left), Jang Moon-seok, Head of Management Planning Division at Daegu Bank (fifth from the left), and others are taking a commemorative photo at the DGB Daegu Bank headquarters in Suseong-gu, Daegu.

[Asia Economy Reporter Lim Chunhan] Seven Eleven announced on the 11th that it has signed a business agreement with DGB Daegu Bank to promote 'financial channel innovation and retail new business.'

Through this agreement, the two companies will mutually cooperate to establish specialized channels that break down the boundaries between convenience stores and banks, waive fees for Daegu Bank customers, and provide management consulting for franchise owners.

They aim to open a collaborative store where a convenience store exists inside a bank and a bank exists inside a convenience store within the first half of the year. DGB Daegu Bank's financial automation devices (ATM·CD) will also be introduced in Seven Eleven stores to enhance customer convenience, and in the future, fee-free ATM deposit, withdrawal, and transfer services at convenience store ATMs will be provided to Daegu Bank customers.

A Seven Eleven official said, "This business agreement will be an opportunity for both companies to develop together and is expected to further enhance consumer convenience," adding, "Based on this cooperation case with DGB Daegu Bank, we plan to expand financial service partnership models with major regional banks in the future."

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