Banks are enhancing their services for foreign customers in response to the ongoing increase in the country’s foreign population, industry officials said Friday.

Beyond merely supporting financial transactions for foreign workers, banks are expanding their offerings by introducing platforms to help foreign nationals better settle in Korea and launching services tailored to wealthy foreign individuals and corporations.

JB Financial Group, which owns Kwangju Bank and Jeonbuk Bank, will become the first domestic financial company to launch a comprehensive financial and social integration platform for foreign nationals in April.

Through this platform, tentatively named Bravo Korea, foreign customers will be able to access financial services such as deposit, installment savings and loan applications, as well as a wide range of essential everyday information, including visa-related services, Korean language education, house searches and job listings.

  • Jeena@piefed.jeena.netOPEnglish
    2·
    4 days ago

    I’ll believe it once I see it. Right now I can’t even log in to do my taxes because they added a dash to my middle name.

    • Jeena@piefed.jeena.netOPEnglish
      2·
      4 days ago

      And my Wori bank app is not translated to English even though they have a international version of the app.