IBK Industrial Bank × Cafe24 Join Hands to Strengthen Digital Competitiveness of Small Businesses

Providing Financial Support and Educational Programs to Strengthen Digital Competitiveness of Small Business Owners
Support Planned for Expansion into Overseas Online Shopping Malls

[Asia Economy Reporter Yoo Je-hoon] IBK Industrial Bank announced on the 23rd that it signed a business agreement with the global e-commerce platform Cafe24 on the 22nd at the IBK Finance Tower in Jung-gu, Seoul, to strengthen the digital competitiveness of small business owners.

Through this agreement, both parties agreed to mutually cooperate in ▲financial support and marketing to enhance the digital competitiveness of small business owners ▲joint operation of step-by-step educational programs for small business owners' transition to e-commerce ▲providing financial services to companies entering overseas online shopping malls. To this end, they plan to expand loan support necessary to activate small business owners' entry into e-commerce and establish step-by-step educational courses from online store entry to building their own shopping malls and global expansion.

Additionally, IBK plans to provide financial services such as overseas shopping mall sales settlement and trade finance support by utilizing 'Paygos,' an overseas e-commerce export payment settlement service.

An IBK official stated, "The two parties will actively cooperate so that small business owners can secure growth momentum through digital transformation," and added, "We will continue to prepare various win-win models to support the solid growth of small business owners who underpin the foundation of the national economy."

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