Registration for new internet-only banks open for two days

Arirang News 2019-03-26

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막오른 새 인터넷은행 경쟁…오늘부터 이틀간 신청접수

Korean regulators are accepting applications from companies that want to start new internet-only banks.
The Financial Services Commission and Financial Supervisory Service announced on Tuesday,... that they will accept applications until 6 p.m. Wednesday,.... and then the FSS will evaluate the applications next month.... before making a final decision on permits in May.
The financial authorities plan to grant up to two permits.
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