Finance Union General Strike Against Relocation of State-Run Banks
YTN report on the September 4 finance union strike and its demands for a 4.5-day workweek, wage increases and opposition to relocating state-run banks
The Korean Finance Industry Union held its first general-strike rally on Sejong-daero in Gwanghwamun, Seoul, with opposition to relocating state-run banks among its key demands. The strike became a major labor-sector protest against the second-round relocation of public institutions.
Sources
- Finance Union Launches General Strike, Vows to Block Relocation of State-Run BanksYonhap News TVKONews article
- Finance Union Launches General Strike Against Regional RelocationYonhap News AgencyKONews article
Included in this issue
Second-Round Relocation of Public Institutions in South Korea
The Government of the Republic of Korea began a second-round relocation process for public institutions in 2026, reviewing roughly 350 institutions based in the Seoul Capital Area. This issue tracks the principles for relocation, the planned finalization of the relocation plan in the fourth quarter of 2026, early relocations beginning in 2027, and the eventual selection of institutions and destinations.
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