Monthly Archives: January 2021

Amhara Bank in dispute with commercial banks over unpaid interest | The journalist

Amhara Bank is in disagreement with 10 banks over the repayment of interest on the paid-up capital it has collected. The dispute came a year and a half after the Bank officially began selling its shares to the public after agreeing with 10 commercial banks to set up accounts into …

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Commercial banks seek ideas from new competitors for digitization

Woori Bank CEO Kwon Kwang-seok speaks at the lender’s annual management strategy kick-off meeting held at its headquarters in central Seoul on Friday. (Woori Bank) South Korea’s leading commercial banks are looking for ways to accelerate the digitization of their retail services, some even breaking down traditional barriers between new …

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