Starting next April, bank branches will open their doors at 9:30 AM.
The Korea Financial Industry Union and the Korea Financial Employers' Association reached a tentative industry-wide collective agreement to push back opening hours by 30 minutes while maintaining the closing time at 4:00 PM, aimed at reducing employee working hours amid a continuing decline in branch-visiting customers.
However, the union's demand to scrap the relocation of state-run banks to provincial regions was not included in this agreement.
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Copying, redistribution, and unauthorized use in AI training are strictly prohibited.
Lee Seong-hoon
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