IBK Securities offers free shares to new i-One Bank account openers
In short
IBK Investment Securities (IBK투자증권) said on the 22nd it is running an event for users of the i-One Bank app tied to IBK Bank (IBK기업은행). The first 2,000 customers to open a new account get one randomly chosen KOSPI 200 stock, and 10 customers who trade 10 million won or more are to be drawn for 500,000 won in cash. The reported end date differs between outlets.
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IBK Investment Securities (IBK투자증권) said on the 22nd that it is holding an event for users of the mobile app i-One Bank (아이원뱅크). The company said the aim is to strengthen synergy with IBK Bank (IBK기업은행). Korea Economic Daily and Newsis described it as a set of step-by-step benefits so that bank customers can open a securities account non-face-to-face and experience actual stock trading. [ 1 , 2 , 3 ]
The event carries the theme 'This year too, IBK Investment Securities treats you for your hard work'. The first 2,000 customers to open a new account through i-One Bank receive one stock chosen at random from the KOSPI 200 constituents. After opening an account, 10 customers who trade 10 million won or more during the event period are to be drawn to receive 500,000 won in cash. [ 1 , 2 , 3 ]
On the prizes, the company bears the 22% taxes and charges on the stock. The cash is paid into the account entered in the event application after taxes and charges are deducted. Yonhap and Newsis said applying for the event is required. [ 1 , 2 , 3 ]
The outlets differ on the end date. Korea Economic Daily and Newsis said the event runs until December 11, with Korea Economic Daily saying it starts the same day as the announcement. Yonhap said it runs from that day until the 11th of next month. [ 1 , 2 , 3 ]
An IBK Investment Securities official was quoted as saying the company will keep raising customer convenience and offering differentiated financial services based on its collaboration with the bank. In the Korea Economic Daily, the official also said the event was designed to give new customers a practical investment benefit and to let account opening lead naturally into trading. [ 1 , 2 , 3 ]
Why it matters
The event links the securities firm to IBK Bank customers through the i-One Bank app, and the company said it wants to raise customer convenience through its collaboration with the bank. The documents give no figures beyond the prize terms, so its wider effect is not known.
Key facts
- IBK Investment Securities announced the event on the 22nd for users of the i-One Bank mobile app. [ 1 , 2 , 3 ]
- The first 2,000 customers to open a new account in i-One Bank receive one randomly chosen stock from the KOSPI 200 constituents. [ 1 , 2 , 3 ]
- 10 customers who trade 10 million won or more during the event period are to be drawn to receive 500,000 won in cash. [ 1 , 2 , 3 ]
- IBK Investment Securities bears the 22% taxes and charges on the stock prize; the cash is paid into the application account after taxes are deducted. [ 1 , 2 , 3 ]
- The event theme is 'This year too, IBK Investment Securities treats you for your hard work'. [ 1 , 2 , 3 ]
- Applying for the event is required. [ 2 , 3 ]
Confirmed by several sources
- IBK Investment Securities said on the 22nd that it is holding an event for i-One Bank app users, with a random KOSPI 200 share for the first 2,000 new account openers. [ 1 , 2 , 3 ]
- 10 customers who trade 10 million won or more in the event period are to be drawn for 500,000 won in cash. [ 1 , 2 , 3 ]
- The company pays the 22% taxes and charges on the stock prize, while the cash is paid after taxes are deducted. [ 1 , 2 , 3 ]
Still unclear
- When the event ends. Two outlets say it runs until December 11, while Yonhap says it runs until the 11th of next month, which from an October 22 article would be November 11.
- Whether application is required. Yonhap and Newsis say it is required; the Korea Economic Daily article does not mention it.