IBK, Expedia Group Sign Business Agreement for Travel Accommodation Discount Service
Provided to Employees of Companies Enrolled in Retirement Pension and Individual IRP Holders
On the 10th, IBK Industrial Bank announced on the 11th that it signed a business agreement with Expedia Group, a global leader in the travel industry, at the IBK Finance Tower in Jung-gu, Seoul, to provide travel and accommodation discount services to customers enrolled in retirement pensions.
Through this agreement, the two companies plan to offer travel and accommodation discount services from Expedia Group, which has a worldwide network, to employees of companies enrolled in IBK Industrial Bank's defined benefit (DB) and defined contribution (DC) retirement pensions, as well as customers holding individual IRPs.
The travel and accommodation discount services can be accessed through exclusive Expedia or Hotels.com websites provided to IBK Industrial Bank retirement pension customers.
Meanwhile, in May, IBK Industrial Bank signed a business agreement with Lotte Insurance to provide free accident insurance services to workers of companies newly adopting retirement pensions (DC, corporate IRP), introducing various additional services to enhance the satisfaction of retirement pension customers.
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An IBK Industrial Bank official stated, “We will continue to strive to discover and provide services that are more practically helpful to customers enrolled in retirement pensions.”
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