The Financial Services Commission (FSC) has rejected applications for opening new internet banks from both Kiwoom Securities and Viva Republica, FSC Chairman Choi Jong-ku said Sunday.The reasons givenwere Kiwoom’s proposal for Kiwoom Bank was not innovative enough, and Viva’s Toss Bank raised concerns over governance and financing.

Fonte: http://www.koreatimes.co.kr/www/biz/2019/05/126_269520.html

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