Governor's Award in Payment and Settlement from the Bank of Korea
Recognized for Enhancing Convenience for Taxpayers
KakaoBank has been selected as an outstanding financial institution for the Bank of Korea's treasury operations this year, in recognition of its contribution to the smooth execution of work with the Bank of Korea.
This award acknowledges KakaoBank's achievements over the past year in carrying out treasury operations and enhancing convenience for treasury taxpayers. On December 23, at an award ceremony held at the Bank of Korea in Jung-gu, Seoul, KakaoBank received the Governor's Award in the payment and settlement category.
In 2021, KakaoBank became the first internet bank to be approved as a treasury fund collection agency, handling the collection of various domestic taxes such as income tax and value-added tax, as well as customs duties, fines, and social insurance premiums. Since 2023, it has expanded its scope to include treasury fund disbursement operations.
KakaoBank stated, "We are pleased to be recognized for our meaningful achievements in the Bank of Korea's treasury operations as Korea's leading digital bank," adding, "We will continue to enhance financial convenience through customer-centric digital financial services."
Kim Ki-chang, Head of Banking Infrastructure Team at KakaoBank (left), is taking a commemorative photo with Lee Chang-yong, Governor of the Bank of Korea. KakaoBank
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