Dahee, Chairman of the Korea Credit Guarantee Fund (fifth from the left), is taking a commemorative photo with Kim Tae-oh, Chairman of DGB Financial Group (fourth from the left), at the "Non-face-to-face and Digital Finance Activation Business Agreement Ceremony" held on the 14th at Daegu Bank's 2nd Headquarters.

Dahee, Chairman of the Korea Credit Guarantee Fund (fifth from the left), is taking a commemorative photo with Kim Tae-oh, Chairman of DGB Financial Group (fourth from the left), at the "Non-face-to-face and Digital Finance Activation Business Agreement Ceremony" held on the 14th at Daegu Bank's 2nd Headquarters.

View original image


[Asia Economy Reporter Park Sun-mi] On the 15th, the Korea Credit Guarantee Fund and DGB Financial Group announced that they signed a "Business Agreement for the Activation of Non-face-to-face and Digital Finance" at the Daegu Bank Second Headquarters to prepare for the post-COVID-19 era and support the government's Digital New Deal policy.


Through this agreement, the two institutions plan to launch a "Non-face-to-face Preferential Financial Product" that does not require customer visits within this year, and also prepare a "Preferential Financial Product Utilizing Commercial Credit Scores" for companies with low financial credit ratings but excellent commercial credit scores.


In addition, when borrowing through Daegu Bank using Shinbo's non-face-to-face guarantee products such as the "Easy Support Guarantee" and the "Commercial Credit Score-linked Guarantee" utilizing commercial credit scores, an additional guarantee fee discount (0.2 percentage points reduction for 3 years) will be provided.


The two institutions agreed to jointly promote data exchange of companies held by each institution and linkage of non-face-to-face platforms to enhance corporate convenience.


Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund, stated, "This agreement has become an opportunity for the two institutions headquartered in Daegu to cooperate mutually and expand support for local small and medium-sized enterprises affected by the spread of COVID-19," adding, "Going forward, Shinbo will continue to strive to improve financial accessibility for SMEs through the activation of non-face-to-face and digital finance."





This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing