Kim Bum-soo deposited 6.6 billion won in Kakao Bank's account... Interest rate 0.1%
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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hoondork1977@alphabiz.co.kr | 2023-04-12 16:07:34
[Alpha Biz=(Chicago) Reporter Paul Lee] Kim Bum-soo, founder of Kakao and head of the Future Initiative Center, deposited 6.6 billion won in Kakao Bank's bank account.
According to the Financial Supervisory Service's electronic disclosure system on the 12th, Kakao Bank announced that Kim, the head of the center, deposited 6.6 billion won in Kakao Bank's ordinary deposit account on March 23.
As the interest rate on ordinary deposits, in which the head of the center Kim deposited a large amount of KRW 6.6 billion, stood at only 0.1% per year, some in the financial sector say it is strange.
The Toss Bank Account, a frequent deposit and withdrawal account of Toss Bank, the same Internet bank, offers an annual interest rate of 3.8% from more than 50 million won.
Kakao is the largest shareholder with a 27.17% stake in Kakao Bank as of the end of last year.
An official from the financial sector said, "It is unusual for Kim, the head of the center, to put billions of won in a frequent deposit and withdrawal account," adding, "It is interpreted as keeping his loyalty to Yoon."
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