Industrial Bank Opens On-Lending Loan Digital Platform
Implementation of Online Communication Channels Among Platform Participants
Enhancing Work Convenience for SMEs and Intermediary Financial Institutions
[Asia Economy Reporter Kangwook Cho] The Korea Development Bank (KDB) announced that it will launch a dedicated online platform for on-lending loans starting from the 7th as part of its efforts to expand the base of on-lending loans and promote financial digitalization.
On-lending loans are market-friendly policy financing provided by KDB through intermediary financial institutions such as commercial banks and specialized credit finance companies, supplying long-term and low-interest funds to small and medium-sized enterprises (SMEs). KDB supplied 7.6 trillion KRW last year.
Through the newly opened on-lending platform, SMEs will be able to easily access preliminary eligibility screening, product information, and product proposal services online via the corporate customer lounge. Additionally, intermediary financial institutions such as commercial banks will be able to quickly and easily check the progress of screening and remaining limits by product, significantly simplifying and automating the on-lending handling procedures compared to before.
Hot Picks Today
!["Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"](https://cwcontent.asiae.co.kr/asiaresize/93/2026051507261063923_1778797570.png)
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- While All Eyes Were on Samsung and Hynix, This Company Surged 50% to New Highs in Four Days [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
A KDB official stated, "Through the on-lending digital platform, SME customers can conveniently receive preliminary eligibility screening and product proposal services online without the help of intermediary financial institutions," adding, "KDB is launching various special on-lending products to support SMEs and foster innovative companies, and we hope that more SMEs will be able to utilize on-lending loans through this platform."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
