Shinhan Bank's Nara Sarang Card 30surpasses the milestone, drawing greater interest in bank bonds
Shinhan Bank announced that 21on the day, issuance of its Nara Sarang Card 30exceeded the milestone and sales reached 1,000. On the same day, deposit rates remained in the percentage range,2 prompting reports of growing demand for Shinhan's AAA-rated bank bonds.
Shinhan Bank announced that 21cumulative issuance of its Nara Sarang Card as of the day 30exceeded the milestone. It disclosed that cumulative sales related to the card totaled 1,000. The bank explained that expanding discount benefits for military personnel contributed to the increase in issuance.
On the same day, the financial sector reported that deposit rates remained in the 2percentage range, while interest in Shinhan Bank's AAA-rated bank bonds was growing. AAA-rated bank bonds were reportedly attracting attention in the market as relatively safe assets. Specific figures on bank bond issuance and demand can be confirmed through separate disclosures.
Through its collaboration with Kakao Pay, Shinhan Bank decided to shorten the processing period for mistaken transfers to within 5days. The two companies said they had established processing procedures and a joint operating system. The collaboration is a measure aimed at speeding up responses to customers' remittance errors.
Ahead of Memorial Day, Shinhan Bank carried out grave-site cleanup volunteer work at the National Cemetery. The bank said the activity was part of its corporate social responsibility efforts. The volunteer work was included in a planned schedule to broaden its engagement with the local community.
Woori Technology’s1quarterly order backlog1,000eok won, saying it had exceeded that level21was disclosed on the day. The company announced major order contracts and the size of its backlog in its quarterly disclosure. The order backlog refers to the remaining value of contracts that may be converted into sales in the future.
21A series of disclosures announced that day shows that Shinhan Bank is simultaneously expanding its card business, improving consumer services, and carrying out corporate social responsibility activities. The figures and measures in each announcement are based on disclosures and press releases from the individual companies. Further details can be found in each company’s disclosures.