Jeonbuk Bank Launches AI-Recommended Installment Fund Event

Jeonbuk Bank announced on August 11 that it is launching the "Installment Fund Event with My Perfect AI Assistant."

The "Robo-Advisor Service," available through Jeonbuk Bank’s application (app) JB Ssoq Bank, provides portfolio recommendations and post-management services by using artificial intelligence (AI) to suggest 2 to 4 fund products based on the customer’s investment profile. There are two types of services: "AI Recommended Portfolio" and "AI Investment Challenge." The AI Recommended Portfolio suggests a global asset allocation portfolio based on the results of the customer's investment profile assessment, while the AI Investment Challenge recommends the optimal portfolio by taking into account the target amount and investment period.

For this event, which runs until October 31, customers who subscribe to either service with an amount of at least 300,000 won and set up an automatic transfer (300,000 won) for at least 12 months will receive a 100,000-won Lotte Department Store gift certificate and a 50,000-won Baedal Minjok gift certificate. Those who subscribe with at least 100,000 won and set up an automatic transfer (100,000 won) for at least 12 months will be automatically entered to win a Starbucks Iced Americano, which will be awarded through a drawing in December.

A Jeonbuk Bank representative said, "By providing tailored portfolios according to each investor's profile through the Robo-Advisor Service, customers can manage complex financial products simply and efficiently," and added, "Jeonbuk Bank will continue to do its best to offer a variety of services that meet customer needs."