KB Kookmin Bank Signs "Corporate Non-face-to-face and Digital Finance Activation MOU" with Korea Credit Guarantee Fund

Non-face-to-face Guaranteed Loan Product for Corporate and Individual Business Customers to Launch in June 2026

On the 19th, Chae Byungho, Standing Director of the Korea Credit Guarantee Fund (left), and Song Yonghun, Vice President of the Corporate Customer Group at KB Kookmin Bank (right), are posing for a commemorative photo at the signing ceremony held at the new building of KB Kookmin Bank in Yeouido, Seoul. KB Kookmin Bank

On December 19, KB Kookmin Bank signed a "Corporate Non-face-to-face and Digital Finance Activation Business Agreement" with the Korea Credit Guarantee Fund to facilitate smooth financial support for corporate clients.

The signing ceremony, held at the new building of KB Kookmin Bank in Yeouido, Seoul, was attended by Chae Byungho, Standing Director of the Korea Credit Guarantee Fund, Song Yonghun, Vice President of the Corporate Customer Group at KB Kookmin Bank, and other officials from both organizations.

Through this agreement, the two organizations plan to jointly develop non-face-to-face guarantee and loan financial products, create an alternative credit evaluation system utilizing corporate transaction information, and introduce a rapid pre-screening system based on data exchange.

KB Kookmin Bank plans to launch a guaranteed loan product in June next year for corporate and individual business customers, linking the bank's non-face-to-face channel with the Korea Credit Guarantee Fund's non-face-to-face guarantee system. This will allow customers to submit loan review documents to both the bank and the Korea Credit Guarantee Fund at once, and to complete the entire loan application and execution process remotely. As a result, the inconvenience of having to visit both the bank branch and the Korea Credit Guarantee Fund will be eliminated, making it possible for customers to access loans more conveniently and quickly.

In addition, the two organizations will expand cooperation in the digital finance sector by automating the preliminary review of guarantee assessments, enabling faster guidance on loan eligibility.

A KB Kookmin Bank official stated, "We expect this agreement to greatly enhance the convenience of financial services for our corporate clients," adding, "We will continue to innovate non-face-to-face financial services to lead the digital finance environment going forward."

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