With the thrilling excitement following the “Crazy Rich Asians” sequel, and the intrigue of a Haruki Murakami novel, you need to uncover the lesser-known K-drama of finance. Would you like to know what it is? It’s the idol group of a Korean bank in Singapore, and you have some choices regarding which fandom you should join.
These banks have much potential to offer the Singaporean community and Korean fans. With the presence and influence of each Korean bank, it’ll be intense visuals and choreography like no other.
As you know, every bank is similar to a novel’s character. It has a backstory, mission, and unique personality to grab your attention. Unmask these characters in the Lion City’s economic scene, shall we?
The Historical Thread of a Korean Bank in Singapore and the Journey Through Time
One knows that most banks deliver personal loans and various banking services. It’s also the same with a Korean bank in Singapore.
Think of it like the delicate process of making homemade kimchi. A Korean bank’s creation and establishment in Singapore took its time. Much effort has been put in, focusing on the commitment to quality at its best.
The founders planted the bank seed not too long ago, and now, they have blossomed into mature and reliable institutions. Each Korean bank holds its own amidst Lion City’s most prestigious and competitive economic landscape.
It’s now the perfect time to meet the main characters, the top five choices of Korean banks in Singapore.
KEB Hana Bank, Singapore Branch
Have you ever watched “The Moon That Embraces the Sun?”
The bank has embraced the Singaporean financial sector since its founding in 1973. But in truth, its history goes far beyond that.
The KEB in the bank’s name means Korea Exchange Bank. It was the then-name of the KEB Hana Bank and started making its presence undeniably strong in 1967. It’s also the first Korean bank that ever exported the Korean won to another nation.
Via the union of Hana Financial Group with Korea Exchange Bank (KEB), and finally launched the KEB Hana Bank in 2015.
Just like the bank’s logo, it isn’t only an image. It signifies the Korean bank’s dedication to nurturing the Singaporean community’s financial growth. Their financing assistance includes:
- Mortgage Solutions
- Credit Card
- Online Banking
- Wholesale Banking
- Retail Banking
With all these economic powerhouses of “The Heirs” drama series by Kim Tan, KEB Hana Bank supports the locals, Singaporean communities, and businesses to build their dreams into reality.
Kookmin Bank Co., Ltd. Singapore Branch
Did you know that Kookmin Bank’s history goes a long way back?
The KB Kookmin Bank is among the well-known international financial institutions recognised in Asia’s leading financing industry. The KB’s creation was accomplished through a merger between the Housing & Commercial Bank (1969) and the government-run Kookmin Bank (1963).
The merger happened in 2001. Thus, KB Kookmin Bank came about! It’s the kind of protagonist in a coming-of-age tale. It is Kookmin Bank Co., Ltd, Singapore Branch destiny since it came to Singapore’s shores in 2021, gaining the Monetary Authority of Singapore’s preliminary approval.
It’s the Korean bank in Singapore that grants a broad expanse of services:
- Deposit-backed loan products
- Mobile and Telebanking
- Foreign Exchange
- Securities Trading
You can easily see Kookmin Bank Singapore as the “Fist of Legend” lead character rising from many challenging adversaries. The bank is committed to helping Singapore’s beloved citizens and community soar to new heights and make visions come true.
The Korea Development Bank
Can you find a state-owned bank from South Korea in Lion City?
Of course, it is, and that’s the Korea Development Bank or KDB Bank! The bank was founded back in the early 1950s, specifically in 1954. The KDB Bank is a protagonist to behold, especially since it’s among The Banker Top 1000 World Bank in 2018, ranking at 61st!
With its exceptional background, the bank is like the wise old sage in this story. The state-owned bank has played a vital role in supporting the country’s rapid industrialisation post-Korean War. Now, it’s assisting many customers worldwide, especially in Singapore since 1996, serving banking assistance:
- Trade Finance
- Specialised Banking
- Investment in Private Equity&Venture Capital Funds
As a bank you can trust, it grants financial solutions to everyone in Singapore.
Like the ambitious and visionary hero, the Shinhan Bank, a true descendant of the 1897 Hanseong Bank, is Korea’s first modern bank. The Korean bank in Singapore brings more edge to the tale, especially as it comes from modest beginnings.
The Shinhan Bank’s historical banking excellence started in a tiny house with only two rooms. Today, the bank spreads out worldwide and serves all its customers with great care and concern for each one’s financial journey.
Thus, it’s no wonder it’s the “Financial Pride of Korea, THE BANK,” has reached Singapore and becoming a notable monetary institution that people can rely on since 1990 with services:
- Foreign Exchange
- Credit Cards
- Internet Banking
- Trust Funds
With its focus on helping its clients manage their monetary goals and wealth, the bank has Sherlock Holmes precision.
What can you expect from among the most significant domestic banks in South Korea?
The Woori Bank is a Korean multinational bank founded in the late 1890s. To be more specific, it’s in the year of 1899. The word “Woori” means “we” and “i”; it can be used in alternation.
So, you can see that Woori Bank in Singapore embodies a sense of community. It focuses on nurturing its customers in Singapore to indicate its commitment to leading economic innovation from its establishment in 1980.
The banking assistance you can acquire from the one and only Woori Korean Bank in Singapore includes the following:
- Foreign Currency
- Banking Management
- Cash Management
With Woori Bank, you will have comprehensive monetary products for each need, ensuring the economic journey is as pleasurable as the best K-Drama series of the year!
The K-Pop of Personal Loans
It’s time to shift some gears from K-Drama to K-Pop. Accredit, among Singapore’s best-licensed moneylenders, have since obtained recognition as a viable personal loan provider.
It can rock the financial scene with its high-speed process and approval with low-interest loans. Think of them as the BTS of personal loans, delivering fresh air amidst the standard fare.
Your Monetary Maestro – Choosing the Right Korean Bank in Singapore
Can you now see which of these characters is set to be your monetary maestro?
It can be KEB Hana Bank, Kookmin Bank, Korea Development Bank, Shinhan Bank, and Woori Bank!
If you prefer swift personal loan accessibility, Accredit is the K-Pop sensation that’ll sweep you off your feet!
Remember, seeking the right Korean Bank in Singapore is like discovering the perfect book. It’s a personal pilgrimage and will always pay off in the end. Because in finance, your story is just waiting to be written.
Why not let one of the Korean banks or Accredit be the ink to your pen? Go ahead, make your choice, and write your own prosperous story!