KB Kookmin Bank Launches Non-Face-to-Face Service for Small Business Policy Fund Loans

Launch of the First SEMAS-Linked Loan Service in the Banking Sector

KB Kookmin Bank announced on the 15th that it will launch a non-face-to-face service for 'Small Business Policy Fund Loans' in collaboration with the Small Enterprise and Market Service (SEMAS), becoming the first bank in the banking sector to do so.

This service allows all processes from applying for SEMAS proxy loans (general business stabilization funds) to execution to be handled non-face-to-face. It was prepared based on the business agreement signed between KB Kookmin Bank and SEMAS in January this year.

Until now, small business owners had to visit multiple institutions such as SEMAS, regional credit guarantee foundations, and banks to receive the loan. KB Kookmin Bank expects that the loan processing period, which used to take about two months, will be significantly shortened through this non-face-to-face loan service. The non-face-to-face service can be applied for through KB Kookmin Bank's mobile web, KB Star Enterprise Banking, and KB Star Banking.

To commemorate the launch of the service, KB Kookmin Bank plans to provide all customers who apply for loans non-face-to-face and complete event participation by the 15th of next month with a 50% guarantee fee subsidy and up to 100,000 KRW support for the first month's interest. Additionally, through a draw, three people will receive 'Boss Support Funds' worth between 1 million and 3 million KRW.

A KB Kookmin Bank official stated, "We expect that the launch of this non-face-to-face service will enhance the financial convenience and accessibility for small business owners," adding, "We will continue to support the sustainable growth of small business owners and the realization of shared value."

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